MGIC issues $330.2mn of mortgage ILS Home Re notes
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MGIC issues $330.2mn of mortgage ILS Home Re notes

Jai Singh
24 October 2023
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Mortgage Guaranty Insurance Corporation (MGIC) has obtained $330.2mn worth of reinsurance coverage by issuing four tranches of mortgage ILS Home Re 2023-1 notes.

The Home Re 2023-1 Class M-2 are sized at $98.3mn, the Class M-1B at $150.1mn, the Class M-1A at $59.1mn

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