Oaktown Re VI Ltd

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NMI closes $367m Oaktown Re VI mortgage ILS issuance

Mortgage insurance group NMI Holdings, Inc. has completed its latest capital markets backed reinsurance deal, successfully closing its sixth mortgage insurance-linked notes transaction, a $367 million Oaktown Re VI Ltd., on target. As we explained ten days ago, NMI Holdings was back in the insurance-linked securities (ILS) market in search of read the full article →

NMI targets $367m of reinsurance with Oaktown Re VI mortgage ILS

Mortgage insurance group NMI Holdings, Inc. is back in the capital markets for what will be its sixth mortgage insurance-linked notes transaction, with a $367 million Oaktown Re VI Ltd. At $367 million, across the five classes of mortgage insurance-linked securities (ILS) being issued, this would be the largest transaction NMI read the full article →