Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents

Residential Reinsurance 2022 Ltd


USAA upsizes ResRe 2022-2 cat bond to $195m, priced at top-end

25th November 2022

USAA, the U.S. primary mutual insurer, has upsized its latest catastrophe bond, so the Residential Reinsurance 2022 Limited (Series 2022-2) is now set to provide the company $195 million of reinsurance protection, while pricing of both tranches of notes settled at the top-end of initial guidance, Artemis has learned.

Read the full article

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.

Read the full article