Universal seeks first cat bond with $100mn Cosaint Re

02 March 2021

X
LinkedIn
Show more sharing options

Floridian insurer Universal is looking to issue its first cat bond with the $100mn Cosaint Re transaction, Trading Risk understands.

The deal would provide per-occurrence coverage for the carrier against named storm risks attaching at $1.1bn of losses, across a $150mn reinsurance layer.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

Gain a competitive edge and accelerate decision-making
Be empowered by insights that transform confusion to clarity
Uncover growth opportunities and prepare for potential threats

Request a free trial Already a subscriber? Login now

Universal seeks first cat bond with $100mn Cosaint Re

Floridian insurer Universal is looking to issue its first cat bond with the $100mn Cosaint Re transaction, Trading Risk understands.

Fuel a smarter strategy with our actionable market intelligence

Topics

Most Recent

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

Universal seeks first cat bond with $100mn Cosaint Re

Floridian insurer Universal is looking to issue its first cat bond with the $100mn Cosaint Re transaction, Trading Risk understands.

Login to continue

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