Security National’s debut Canada quake and SCS bond prices down 17%
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Security National’s debut Canada quake and SCS bond prices down 17%

The first cat bond deal from the carrier achieved its target size of C$150mn.

By Liz Bury
January 09, 2025
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
cracked road concrete close up

Security National has secured C$150mn ($104.4mn) of Canada quake and severe convective storm (SCS) coverage with its first cat bond, as the deal priced 17% below the midpoint of guidance, this publication understands.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

Catastrophe bonds News North America Capital raising Insurers Property treaty Reinsurance
Gift this article