We’ve learnt that insurer USAA is aiming to upsize its latest catastrophe bond to provide as much as $425 million of annual aggregate reinsurance protection, an increase from the initial $400 million target, for this new Residential Reinsurance 2025 Limited (Series 2025-1) deal.USAA continues to be the most consistent of catastrophe bond sponsors, augmenting and … Read more
Utica National Insurance Group is now aiming to upsize its debut Genesee Street Re Ltd. (Series 2025-1) catastrophe bond issuance, with the target lifted to as much as $150 million in US named storm and severe thunderstorm reinsurance protection, Artemis has learned.Utica National Insurance Group entered the catastrophe bond market for the first time earlier … 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