The recently completed $175 million Titania Re Ltd. (Series 2021-2) catastrophe bond issuance is an example of Ariel Re showing its “commitment to delivering value” to all parties, according to the reinsurance firm’s CEO Ryan Mather.
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Global reinsurance firm Ariel Re has successfully upsized its latest catastrophe bond issuance and also secured attractive pricing for it, as the coupon for the $175 million of notes to be issued by Titania Re Ltd. (Series 2021-2) has now settled below the initial guidance.
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Global reinsurance firm Ariel Re is aiming to upsize on its latest catastrophe bond issuance to benefit its Lloyd’s of London Syndicate 1910, with the target for its Titania Re Ltd. (Series 2021-2) retro industry loss cat bond deal now increased to $175 million.
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Global reinsurance firm Ariel Re is back in the insurance-linked securities (ILS) market seeking another catastrophe bond to benefit its Lloyd’s of London Syndicate 1910, with a $150 million Titania Re Ltd. (Series 2021-2) retro industry loss deal.
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