NN Re seeks $81.5mn with second Orange Capital Re cat bond
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NN Re seeks $81.5mn with second Orange Capital Re cat bond

The latest issuance offers a spread range of 650-700bps.

By Jai Singh
October 30, 2024
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Reciprocal, minority investment, majority investment, valuation, investments, private equity, capital raise, strategic option

Netherlands based reinsurer NN Re is seeking EUR75mn ($81.5mn) with its latest Orange Capital Re DAC cat bond.

The bond will provide windstorm and severe thunderstorm protection in Belgium and the Netherlands (excluding Aruba, Bonaire, Curaçao, Saba, Sint Eustatius and...

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Topics

NewsCatastrophe bondsUK and EuropeReinsurers
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