Torrey Pines Re Ltd

As we’ve been reporting, Palomar Insurance Holdings has been in the catastrophe bond market and secured $200 million in earthquake reinsurance with a Torrey Pines Re Ltd. (Series 2023-1) issuance.

Palomar Insurance Holdings has now successfully upsized its newest catastrophe bond by one-third, with the catastrophe-exposed property insurer now having priced $200 million of US earthquake reinsurance with this Torrey Pines Re Ltd. (Series 2023-1) issuance.

Palomar Insurance Holdings is the latest to upsize its ambitions for its latest catastrophe bond, with the catastrophe-exposed property insurer now seeking $200 million of US earthquake reinsurance from this Torrey Pines Re Ltd. (Series 2023-1) issuance.

Palomar Insurance Holdings is back in the catastrophe bond market for its fourth issuance, seeking $150 million or more in US earthquake reinsurance from the capital markets with this Torrey Pines Re Ltd. (Series 2023-1) issuance.

Palomar Insurance Holdings, the speciality California-headquartered insurer that provides largely catastrophe exposed property products, significantly increased its reinsurance program limit at the mid-year renewals, expanding coverage by $630 million.

Palomar Insurance Holdings, the speciality California-headquartered insurer that provides largely catastrophe exposed property products, has now secured its latest Torrey Pines Re Ltd. (Series 2022-1) catastrophe bond at the revised lower-end $275 million target size, but with its coupons priced at the elevated levels we reported yesterday.

The latest catastrophe bond from Palomar Insurance Holdings, the speciality California-headquartered insurer that provides largely catastrophe exposed property products, has had its pricing hiked considerably, with the coupons for both tranches of the still $300 million target Torrey Pines Re Ltd. (Series 2022-1) deal rising well above their initial guidance.

Palomar Insurance Holdings, the speciality California-headquartered insurer that provides largely catastrophe exposed property products, is back in the catastrophe bond market, sponsoring its third issuance, with a Torrey Pines Re Ltd. (Series 2022-1) deal through which it is seeking $300 million or more of US earthquake reinsurance protection.

Palomar Insurance Holdings, the speciality California-based insurer that provides largely catastrophe exposed property covers, cancelled its plans to renew its maturing catastrophe bond transaction in March, when it saw the way pricing and terms were firming in the insurance-linked securities (ILS) market.

Palomar Specialty Insurance Company said today that it is thrilled with the successful execution of its first catastrophe bond transaction, the $166 million Torrey Pines Re Ltd. (Series 2017-1) which will provide the insurer with a capital markets source of earthquake, named storms and severe thunderstorm reinsurance protection.