Turris Re Ltd. Series 2025-1

Migdal Insurance Company’s sponsorship of a $100 million Turris Re Ltd. (Series 2025-1) Israel earthquake catastrophe bond, which delivered an entirely new peril to the cat bond market, represents an important development for Israel and a strong example of the work Howden Capital Markets & Advisory (HCMA) is delivering across global markets, according to Jarad […]

Migdal Insurance Company Ltd. has now successfully secured its targeted $100 million of earthquake reinsurance covering exposures in Israel from its debut Turris Re Ltd. (Series 2025-1) catastrophe bond transaction, Artemis understands from sources.

Migdal Insurance Company Ltd., an Israeli insurance, pension and financial service company, is the latest first-time sponsor entrant to the catastrophe bond market, as it targets $100 million of earthquake reinsurance covering exposure in Israel through a new Turris Re Ltd. (Series 2025-1) transaction, Artemis understands from sources.