Sussex Capital UK PCC

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Brit hails “strong response” to first cat bond from ILS investor community

Specialty insurance and reinsurance player Brit Ltd. has hailed the "strong response" from ILS investors to its debut catastrophe bond issuance, which helped the Sussex Capital UK PCC Limited (Series 2020-1) transaction upsize to $300 million. Brit's debut cat bond completed yesterday, securing the company a $300 million source of multi-year read the full article →

Brit upsizes first Sussex Capital UK catastrophe bond to $300m

Specialty insurance and reinsurance player Brit Ltd. is the latest to target an upsizing of its first catastrophe bond issuance, as the firms Sussex Capital UK PCC Limited (Series 2020-1) transaction now has an increased target size of $300 million. This is Brit's first full 144a catastrophe bond deal, with the read the full article →

Brit seeks $250m catastrophe bond using UK vehicle Sussex Capital UK PCC

Specialty insurance and reinsurance player Brit Ltd. is entering the catastrophe bond market for its first full 144a deal and is utilising its UK domiciled multi-use collateralised reinsurance PCC vehicle, Sussex Capital UK PCC Limited, for the $250 million U.S. multi-peril Sussex Capital UK PCC Limited (Series 2020-1) issuance. Brit registered read the full article →