XL Bermuda offers wind and quake bond Galileo Re up to $250mn
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XL Bermuda offers wind and quake bond Galileo Re up to $250mn

Liz Bury
10 November 2023
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XL Bermuda is offering a wind and quake index cat bond, Galileo Re, with a target size of $250mn across two tranches, Trading Risk understands.

The bond, the first from this sponsor, will provide coverage for XL Bermuda and certain of its insurance and reinsurance subsidiaries across the US, Canada, Europe and the UK.

The

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News Catastrophe bonds
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