Residential Reinsurance 2019 Ltd. (Series 2019-2)

USAA’s latest and 34th sponsorship of a catastrophe bond looks set to complete at a slightly upsized $160 million, with the multi-peril Residential Reinsurance 2019 Limited (Series 2019-2) deal now priced.

USAA is returning to the capital markets for what will be its 34th time sponsoring a catastrophe bond, bringing a new multi-peril Residential Reinsurance 2019 Limited (Series 2019-2) deal to market in search of at least $150 million of collateralised reinsurance protection.