Oaktown Re Ltd


Oaktown Re mortgage ILS a reinsurance & capital play for NMI Holdings: CEO

NMI Holdings has successfully completed its first securitization of mortgage insurance risks, with the issuance of the $211.32 million of Oaktown Re Ltd. (Series 2017-1) insurance-linked notes that have secured it a source of reinsurance from the capital markets that also helped free up underwriting capital, according to the CEO. NMI Holdings read the full article →

Oaktown Re mortgage insurance ILS deal priced for NMI Holdings

The NMI Holdings sponsored new mortgage insurance-linked securities (ILS) transaction we wrote about this week has now been named as Oaktown Re Ltd. and the three tranches of mortgage insurance linked notes issued have all been priced. When we first wrote about the transaction earlier this week information on the mortgage read the full article →