Oceanside Re Ltd

Ocean Harbor Insurance Group has successfully priced its debut catastrophe bond with the Oceanside Re Ltd. (Series 2025-1) issuance set to provide the targeted $75 million of collateralized multi-year catastrophe reinsurance for named storm and severe weather risks in the state of New York.

Ocean Harbor Insurance Group has entered the catastrophe bond market as a first-time sponsor and is seeking $75 million in collateralized multi-year catastrophe reinsurance protection from a debut Oceanside Re Ltd. (Series 2025-1) issuance, Artemis has learned.