Swiss Re secures $700mn in second multi-year stop-loss deal led by JP Morgan
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Swiss Re secures $700mn in second multi-year stop-loss deal led by JP Morgan

Liz Bury
07 March 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
swiss_re_logo_zurich_switzerland_2023.png

Swiss Re has secured $700mn of protection against severe underwriting losses through a multi-year stop-loss transaction with funding led by JP Morgan, in the second such deal.

The transaction has been structured with the potential to increase to $1bn.

The financing builds on a first-of-its-kind hybrid bank and ILS capital deal by Swiss Re last April, which comprised a $1bn JP Morgan loan and a $150mn junior...

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

Topics

NewsCollateralised reinsuranceSwiss Re
Headshot template (new) (1).png
Liz Bury
Editor
Contact
Gift this article