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.
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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.
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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.
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