Sutton National / Bamboo sponsor $70m Greenshoots Re sidecar, alongside recent cat bond – Go Health Pro

Sutton National / Bamboo sponsor m Greenshoots Re sidecar, alongside recent cat bond – Go Health Pro

Sutton National Group has sponsored its first collateralized reinsurance sidecar issuance, a $70 million Greenshoots Re Ltd., which alongside its recent debut $100 million Greengrove Re Ltd. (Series 2025-1) catastrophe bond now provide core catastrophe cover for business written by Bamboo Ide8 Insurance Services, LLC.Sutton National announced today the successful renewal of Bamboo’s reinsurance program. … Read more

New cat bond sponsor curiosity to proceed in 2025, different capital to maintain flowing: Rousseau, Man Carpenter – Go Well being Professional

New cat bond sponsor curiosity to proceed in 2025, different capital to maintain flowing: Rousseau, Man Carpenter – Go Well being Professional

New sponsors ought to proceed to come back to the disaster bond and insurance-linked securities (ILS) market by the rest of 2024 and into 2025, whereas inflows of different capital are anticipated to proceed, in response to Man Carpenter’s CEO of EMEA and World Capital Options, Laurent Rousseau.Talking this afternoon throughout a Man Carpenter briefing … Read more