Kingstone Companies, the New York and northeast US focused insurer, has now successfully priced its 1886 Re Ltd. (Series 2025-1) debut catastrophe bond to provide a 25% upsized $125 million of named storm reinsurance protection, with the spread finalised in the lower-half of guidance, Artemis has learned.Kingstone Companies made its debut in the cat bond … Read more
Ocean Harbor Insurance Group has successfully priced its debut catastrophe bond with the Oceanside Re Ltd. (Series 2025-1) issuance set to provide the targeted $75 million of collateralized multi-year catastrophe reinsurance for named storm and severe weather risks in the state of New York.Ocean Harbor entered the catastrophe bond market as a first time sponsor … Read more
Artemis has learned that Sutton National Group is now aiming to secure an upsized $100 million in fire reinsurance protection for California via its debut Greengrove Re Ltd. (Series 2025-1) catastrophe bond issuance.Sutton National Group launched its debut appearance in the cat bond market earlier this month, seeking to secure $75 million or more in … Read more
With TD Insurance (TDI) successfully sponsoring the first catastrophe bond covering only perils in Canada this year, the debut issuance from the organisation could potentially make cat bonds more attractive to other Canadian insurers in the future, according to analysts at Morningstar DBRS. In January, TD Insurance, part of Canada’s TD Bank group, priced its … Read more
Cactus Pears (Sabar Bonda), Rohan Parashuram Kanawade’s semi-autobiographical debut feature about a queer romance experienced amid mourning is the only movie from India competing at the Sundance Film Festival. The story of love and grief in a rural setting came to Kanawade while coping with his own father’s death, as he wondered how different processing … Read more