Pricing ticks up on Pacifica’s EUR150mn cat bond deal Taranis Re
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Pricing ticks up on Pacifica’s EUR150mn cat bond deal Taranis Re

Rachel Dalton
29 November 2023
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Pricing for Pacifica’s cat bond deal Taranis Re has increased slightly from its initial range, while the principle amounts of Class A and B notes have also expanded slightly, this publication understands.

The ceding insurer is now offering EUR100mn-EUR120mn ($109mn-$132mn) of Class A notes, having initially offered EUR100mn, and EUR50mn-EUR60mn of Class B notes, compared with an earlier offer of EUR50mn.

Pricing

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Topics

Collateralised reinsurance News Re/insurers Catastrophe bonds
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Rachel Dalton
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