Toka Tū Ake EQC secures record reinsurance contract, enters cat bond market
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Toka Tū Ake EQC secures record reinsurance contract, enters cat bond market

Aisling Finn
01 June 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
US Currency: Wads of US bills fastened with rubber bands, close-up

New Zealand-based insurer Toka Tū Ake EQC has secured NZ$8.2bn ($4.91bn) in reinsurance, up from NZ$7.4bn last year, for New Zealand homeowners.

The insurer’s reinsurance programme now includes cat bonds for the first time, which it said it did to “expand and diversify its sources for risk capital”.

Toka

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

NewsCatastrophe bonds
aisling finn/aisling finn ii ils.png
Aisling Finn
Contact
Gift this article