Core Specialty’s Yosemite Re is ‘one of the only’ E&S cat bonds
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Core Specialty’s Yosemite Re is ‘one of the only’ E&S cat bonds

Martha Muir
06 June 2022
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Core Specialty has completed one of very few standalone excess and surplus (E&S) catastrophe bond issuances with its $65mn Yosemite Re transaction.

The placement is also Core Specialty’s first entry to the cat bond market. It provides indemnity per occurrence coverage on a multi-year basis, attaching at $50mn and exhausting at $570mn.

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News Catastrophe bonds Stocks Property
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Martha Muir
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