Mapfre Re seeks $100mn protection with debut cat bond
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Mapfre Re seeks $100mn protection with debut cat bond

The bond will provide aggregate coverage against named US storm.

By Jai Singh
November 26, 2024
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Sunshine Skyway Bridge in Florida storm tropical storm hurricane.png

Spanish reinsurer Mapfre Re is seeking $100mn of named storm coverage with its debut cat bond.

Recoletos Re will provide annual aggregate, territory-weighted industry insured loss protection, with PCS being the index provider, in all 50 US states and the...

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Topics

Catastrophe bondsNewsProperty treatyReinsurersNorth America
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