Orange Capital Re DAC

NN Group, or Nationale-Nederlanden, has now successfully secured its targeted €75 million of collateralised reinsurance from the new Orange Capital Re DAC (Series 2024-1) catastrophe bond issuance, with the notes pricing around 11% below the initial guidance mid-point.

We’ve learned that, now for the second time, NN Group’s new Orange Capital Re DAC (Series 2024-1) catastrophe bond issuance has seen its price guidance range fall, with the company looking set for strong execution of its latest cat bond deal.

NN Group’s, or Nationale-Nederlanden, latest catastrophe bond has seen its price guidance range fall, we understand, with the still €75 million Orange Capital Re DAC (Series 2024-1) issuance now looking likely to price at the bottom of initial guidance, or below.

NN Group, or Nationale-Nederlanden, is back in the catastrophe bond market and seeking €75 million or more in collateralised reinsurance to cover European perils with this Orange Capital Re DAC (Series 2024-1) issuance, Artemis has learned.

NN Group, or Nationale-Nederlanden, has now finalised its new Orange Capital Re DAC (Series 2023-1) catastrophe bond at €75 million in size, while the notes have been priced at the top-end of the initial spread guidance.

NN Group, or Nationale-Nederlanden, has seen the price guidance for its new  Orange Capital Re DAC (Series 2023-1) catastrophe bond issuance narrow towards the upper-end of initial guidance.

NN Group, or Nationale-Nederlanden, has returned to the catastrophe bond market for its second time, looking to secure €75 million or more in collateralised reinsurance to cover European perils with this Orange Capital Re DAC (Series 2023-1) issuance, Artemis has learned.

The strong investor support seen for the first catastrophe bond issuance from Netherland’s based insurer NN Group, or Nationale-Nederlanden, shows the confidence the ILS investor community has in the insurers catastrophe management and underwriting, as well as in the modelling process, according to RMS.

Netherland’s based insurer NN Group, or Nationale-Nederlanden, has now successfully secured its first slice of catastrophe bond backed reinsurance protection, as the EUR 75 million  Orange Capital Re DAC (Series 2021-1) transaction has now been priced at the low-end of initial guidance.

The first catastrophe bond sponsored by the Netherland’s based insurer NN Group, or Nationale-Nederlanden, remains on target to secure the company EUR 75 million of collateralised reinsurance, while the price guidance for the Orange Capital Re DAC (Series 2021-1) notes has narrowed towards the lower-end.