Swiss Re targets $150mn from Matterhorn Re bond
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Swiss Re targets $150mn from Matterhorn Re bond

Martha Muir
14 December 2021
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Swiss re logo storm 2.jpg

Swiss Re is seeking to raise $150mn from a new Matterhorn Re bond, the first ILS deal it has targeted this year under this P&C series of issuances, sources said.

The bond will provide Swiss Re with industry loss cover against earthquakes and second-event named storms.

It will trigger on claims above $20bn for earthquakes and above claims of $30bn for second-event named storms.

The

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Topics

NewsCatastrophe bonds
MM
Martha Muir
Reporter
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