Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents

Residential Reinsurance 2022 Ltd. (Series 2022-1)


USAA to upsize new cat bond to $415m as coupons all rise

28th April 2022

The target issuance size for the latest catastrophe bond from U.S. primary mutual insurer USAA has been lifted to $415 million, while at the same time the pricing for all four of the remaining tranches of the Residential Reinsurance 2022 Limited (Series 2022-1) deal now look likely to settle at the top of raised guidance.

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