USAA marketing Residential Reinsurance 2011 Ltd. catastrophe bond
11th May 2011USAA are seeking a return to the catastrophe bond market with the latest in their Residential Reinsurance series of transactions. Three tranches of Series 2011-1 notes are being issued by Cayman Islands domiciled special purpose reinsurance vehicle Residential Reinsurance 2011 Ltd. It will be their 16th natural catastrophe securitization to date.
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