Insight and Intelligence on the London & International Insurance Markets

20 April 2018

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Aspen latest reinsurer to seek cat bond cover

Sofia Geraghty 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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This article was published as part of issue April 2018/2

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