private cat bond


Hannover Re brings $40m more Seaside Re cat bond lites to market

Hannover Re has continued its prolific level of private catastrophe bond activity around the reinsurance renewals with the completion and issuance of another two Seaside Re cat bond lites amounting to $40 million in the first week of January.Prior to these two new Seaside Re cat bonds, Hannover Re had read the full article →

Resilience Re in $88m private zero coupon cat bond issuance

Resilience Re Ltd., the private catastrophe bond issuance platform owned and operated by insurance and reinsurance broker Willis Towers Watson, has completed its first issuance of the new year, with an issuance of $88 million zero coupon Resilience Re Ltd. (Series 1912A) notes.In 2018, the Willis Towers Watson Securities operated read the full article →

$25m Seaside Re private cat bond issued by Hannover Re vehicle

Yet another private catastrophe bond, or cat bond lite, has been issued through the Kaith Re Ltd. Bermuda domiciled segregated accounts vehicle of German reinsurance firm Hannover Re, a $25 million Seaside Re (Series 2019-42) transaction.The transaction which was listed on the Bermuda Stock Exchange (BSX) yesterday follows $87 million read the full article →

$10m California quake cat bond lite issued by Hannover Re vehicle

German reinsurance giant Hannover Re has assisted with and issued another private catastrophe bond transaction, or cat bond lite, with the issuance of a $10 million California earthquake risk exposed LI Re (Series 2018-1) deal for an unknown cedent and certain ILS investors.Hannover Re has been busy using its Kaith read the full article →

$50.22m Artex SAC Series HX private catastrophe bond issued

Another private catastrophe bond, or cat bond lite, has been issued in time for the upcoming reinsurance renewal, the first from the Artex Risk Solutions owned segregated account reinsurance transformer platform in a year, a $50.22 million Artex SAC Limited - Series HX Notes transaction.This private cat bond transaction has read the full article →

Hannover Re facilitates another $60m of Seaside Re private cat bonds

Four more Seaside Re private catastrophe bonds, or cat bond lites, have been issued with the help of global reinsurance firm Hannover Re, resulting in $60 million of new insurance-linked notes brought to investors through the reinsurers' Kaith Re Ltd. Bermuda domiciled segregated accounts vehicle.Just last week we detailed $27 read the full article →

Hannover Re facilitates two Seaside Re private cat bonds worth $27m

Global reinsurance firm Hannover Re has successfully assisted a client by facilitating the issuance of two new Seaside Re private catastrophe bonds through its Kaith Re Ltd. Bermuda domiciled segregated accounts vehicle, bringing $27 million of U.S. property catastrophe risks to ILS investors.The transactions are a $7 million Seaside Re read the full article →

Cincinnati’s Skyline Re cat bonds aggregate retention 32% eroded after Q3

The aggregate buffering layer and retention sitting beneath the convective storm coverage of Cincinnati Financial Corporation's $180 million Skyline Re Ltd. (Series 2017-1) catastrophe bond had been 32% eroded due to qualifying catastrophe losses by the end of the third-quarter of this year.The Skyline Re cat bond was sponsored in read the full article →

Hannover Re’s at-risk $50m Seaside Re 2017-3 cat bond extended again

The $50 million Seaside Re 2017-3 private catastrophe bond transaction, that was issued by German reinsurance firm Hannover Re’s segregated accounts vehicle, Kaith Re Ltd. on behalf of a client, has had its maturity date extended again as uncertainty over the impact of 2017 losses continues.The private cat bond transaction read the full article →

Twelve Capital lists fifth private cat bond of year, an $18.3m Dodeka XVII

Zurich headquartered insurance and reinsurance linked investment fund manager Twelve Capital Management has completed its fifth private catastrophe bond transaction of the year, with an $18.322 million Dodeka XVII transaction that listed in Bermuda yesterday.The Dodeka private catastrophe bond series of privately arranged and placed insurance-linked securities (ILS) arrangements are read the full article →