Axa XL to close Galileo cat bond at $475mn

09 December 2019

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The first Galileo cat bond issued by the combined Axa XL group has settled at $475mn, at the lower end of the previously reported $450mn-$575mn target range.

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Axa XL to close Galileo cat bond at $475mn

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Axa XL to close Galileo cat bond at $475mn

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM