Swiss Re Insurance-Linked Fund Management

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Residential Reinsurance 2020 Ltd. (Series 2020-2)


USAA increases Residential Re 2020-2 cat bond target to $400m

28th October 2020

U.S. primary mutual insurer USAA has increased its target size for its latest catastrophe bond, with the insurer now aiming to secure as much as $400 million of multi-year, fully collateralized, multi-peril catastrophe reinsurance protection from the capital markets with its new Residential Reinsurance 2020 Limited (Series 2020-2) transaction.

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