Monthly Archives: April 2017

News review | April 24 2017

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USAA is set to close its latest Residential Re cat bond at $425m, at the higher end of the revised $365m-$450m target size for the transaction. The carrier expanded the deal by more than a third from the original $300m target, as...

News review | April 10 2017

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Florida’s Citizens Property Insurance Corporation is back in the catastrophe bond market, with a $250m target for an Everglades Re II Ltd. (Series 2017-1) transaction that looks like it aims to capitalise on the ILS investment...

News review | April 02 2017

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Lloyd’s of London has announced it will be setting up a new European insurance company, located in Brussels. Lloyd’s CEO, Inga Beale, said that the intention is for the company to be ready to write business for the January 1...