Residential Reinsurance 2020 Ltd. (Series 2020-2)

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USAA returns for $300m Residential Re 2020-2 catastrophe bond issue

U.S. primary mutual insurer USAA is back in the catastrophe bond market with its second transaction of 2020, a Residential Reinsurance 2020 Limited (Series 2020-2) deal that seeks $300 million of multi-year, fully collateralized, multi-peril catastrophe reinsurance protection from the capital markets for the carrier. USAA remains the most prolific and read the full article →