Swiss Re Insurance-Linked Fund Management

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Phoenician Re Ltd. Series 2021-1

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Alphabet (Google) targets $250m+ third quake catastrophe bond

17th November 2021

Google’s holding company parent Alphabet, Inc. has returned to the catastrophe bond market for the third time, as it seeks to add another $250 million or more of California earthquake risk protection to its insurance arrangements with the help of insurance-linked securities (ILS) investors in a Phoenician Re Ltd. (Series 2021-1) issuance.

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