Four Lakes Re cat bond achieves 12.5x multiple, settles below top-end target

22 December 2022

X
LinkedIn
Show more sharing options

American Family’s cat bond issuance Four Lakes Re has cleared the market at a size of $100mn and priced at 650 basis points (bps).

American Family expanded its target size for the bond earlier this week in the hopes of achieving up to $125mn limit, but it has settled at the initial target size of $100mn.

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

Four Lakes Re cat bond achieves 12.5x multiple, settles below top-end target

American Family’s cat bond issuance Four Lakes Re has cleared the market at a size of $100mn and priced at 650 basis points (bps).

Fuel a smarter strategy with our actionable market intelligence

Topics

Most Recent

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

Four Lakes Re cat bond achieves 12.5x multiple, settles below top-end target

American Family’s cat bond issuance Four Lakes Re has cleared the market at a size of $100mn and priced at 650 basis points (bps).

Login to continue

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