Insight and Intelligence on the London & International Insurance Markets 24 Apr 2018
Aspen latest reinsurer to seek cat bond cover
- 10 April 2018
Aspen Bermuda has returned to the cat bond market for the first time since the 2008 financial crisis, as it seeks to raise $150mn to cover US and European catastrophe risk, sister publication Trading Risk has reported.
The deal joins a number of other ILS issuances in the pipeline in a busy second-quarter prelude to the hurricane season.
Other deals currently being marketed include one for Floridian carrier UPC, a new Pelican Re bond for Louisiana Citizens, one from American...
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