Axis Capital renews $64mn Alturas Re sidecar

31 December 2019

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Sailboat in the Hamilton, Bermuda, harbor.

Axis Capital has issued $64.1mn of Alturas Re notes, renewing the first of three sidecar deals it did that provided $230mn of support last year, according to a Bermuda Stock Exchange listing.

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Axis Capital renews $64mn Alturas Re sidecar

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Axis Capital renews $64mn Alturas Re sidecar

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Fuel a smarter strategy with our actionable market intelligence

Topics

Bermuda reinsurer Mereo poised for launch after ~$650mn raise

Study shows ILW trades using hurricane forecasts outperform 20%-170%

Mapfre Re seeks $100mn protection with debut cat bond

Progressive seeking $225mn of multi-peril Bonanza Re coverage

PCS puts second Hurricane Milton insured loss at $15bn