Sompo’s $400m Sakura Re cat bond pricing finalised
Pricing has now been finalised for Japanese insurance and reinsurance giant Sompo's new $400 million sized Sakura Re Ltd. (Series 2021-1) catastrophe bond transaction, with both tranches of notes seeing their coupon fixed at the mid-point of guidance or lower. Sompo returned to the catastrophe bond market for the first time read the full article →
Sompo doubles target for Sakura Re 2021 cat bond to $400m
Japanese insurance and reinsurance giant Sompo has doubled its target for its latest catastrophe bond with its Sakura Re Ltd. (Series 2021-1) transaction now aiming to secure the company $400 million of Japanese and US multi-peril catastrophe reinsurance protection. Sompo returned to the catastrophe bond market for the first time in read the full article →
Sompo seeks $200m Sakura Re 2021 Japan & US multi-peril cat bond
Japanese insurance and reinsurance giant Sompo has returned to the catastrophe bond market to sponsor its first issuance in four years, as it seeks a $200 million source of Japanese and US multi-peril catastrophe reinsurance with a Sakura Re Ltd. (Series 2021-1) deal. Sompo has sponsored a number of catastrophe bonds read the full article →