Windmill I Re Ltd Series 2017-1

The recently completed €40 million Windmill I Re Ltd. (Series 2017-1) catastrophe bond transaction is the first to use a European windstorm risk model from Aon Benfield’s risk modelling centre of excellence Impact Forecasting.

Dutch group reinsurer Achmea Reinsurance Company, part of the Achmea Group of re/insurance companies, has returned to the catastrophe bond market for its second catastrophe bond transaction, with a €40 million Windmill I Re Ltd. (Series 2017-1) deal that completed just before the end of June.