Korean Re enters cat bond market with $75m Solomon Re US multi-peril deal
26th May 2023Korean Re, the global reinsurance company headquartered in the country of its name, is the latest debut entrant to the catastrophe bond market that will benefit from capital market coverage in 2023, thanks to a new Solomon Re Ltd. (Series 2023-1) issuance that targets $75 million or more in US multi-peril catastrophe retrocession.
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