Munich Re: Queen Street X Re 2015 cat bond “well received”
Global reinsurance giant Munich Re has announced the completion of its latest catastrophe bond transaction, Queen Street X Re Limited (2015), which remained at its $100m launch size and was well received by investors, the reinsurer said. The deal, which is comparable to the reinsurers previous Queen Street bonds, launched roughly read the full article →
Queen Street X Re 2015 cat bond prices at mid-point of guidance
Global reinsurance firm Munich Re looks set to be successful with its latest catastrophe bond issue, as the still $100m Queen Street X Re Limited (2015) cat bond has been priced at the mid-point of initial guidance. This cat bond is Munich Re's second attempt to secure a source of retrocessional read the full article →
Munich Re tries again with $100m Queen Street X Re 2015 cat bond
The world's largest reinsurance firm Munich Re is returning to the catastrophe bond market, trying again to issue a $100m Queen Street X Re Limited (2015) catastrophe bond to provide it with retrocessional protection for U.S. hurricane and Australian cyclone risks. The reinsurer tried to issue a very similar deal last year, read the full article →