Ramble Re Ltd. Series 2024-1

Arch Capital Group is now aiming to upsize its latest catastrophe bond sponsorship, now targeting a 50% upsized $150 million of property catastrophe retrocession for peak North American perils from its new Ramble Re Ltd. (Series 2026-1) issuance, Artemis has learned.

Arch Capital Group has returned to the catastrophe bond market for its third sponsorship, targeting $100 million of capital markets backed property catastrophe retrocession for peak North American perils from a Ramble Re Ltd. (Series 2026-1) issuance, Artemis can report.

Arch Capital Group, the Bermuda headquartered specialty insurance and reinsurance company, has now secured the targeted $100 million of industry loss triggered protection from its new Ramble Re Ltd. (Series 2024-1) catastrophe bond, with the notes now priced at around 12% below the mid-point of initial guidance.

Arch Capital Group, the Bermuda headquartered specialty insurance and reinsurance company, is now targeting reduced pricing for its latest catastrophe bond, with the spread guidance offered for the still $100 million of Ramble Re Ltd. (Series 2024-1) cat bond notes now lowered.

Arch Capital Group, the Bermuda headquartered specialty insurance and reinsurance company, is back in the catastrophe bond market for what is only its second time, to sponsor a currently $100 million Ramble Re Ltd. (Series 2024-1) transaction to secure capital markets backed property catastrophe retrocession.