Residential Reinsurance 2019 Ltd. (Series 2019-1)
USAA’s new ResRe cat bond set at $135m with pricing towards upper-end
The latest and 33rd ever catastrophe bond from U.S. primary military mutual insurer USAA has now been sized at $135 million of collateralised reinsurance protection for the firm, with pricing for both tranches that has moved towards the upper-end of guidance. USAA returned to the catastrophe bond market with what is read the full article →
USAA sponsoring 33rd Residential Re cat bond, with new multi-peril deal
U.S. primary military mutual insurer USAA is returning to the catastrophe bond market in 2019 for what will be its 33rd Residential Re cat bond issuance, as it seeks to expand its capital markets backed multi-peril reinsurance protection. USAA is the longest standing and most prolific sponsor of catastrophe bonds, having read the full article →
