USAA gets $300m target, lower pricing for new Res Re 2021-2 cat bond
1st November 2021U.S. primary mutual insurance company USAA has successfully secured the upsized target of $300 million of collateralized multi-peril property catastrophe reinsurance with its latest catastrophe bond, as the new Residential Reinsurance 2021 Limited (Series 2021-2) transaction also priced at the reduced coupon levels.
Read the full article