New global reinsurance start-up Oak Reinsurance (OAK Re) has been approved to begin underwriting in the Lloyd’s market through its Syndicate 2843 from 1/1 2025 and is launching with private equity ...
Spain headquartered global reinsurance company Mapfre Re has entered the catastrophe bond market for the first time, with a target to secure $100 million in annual aggregate US named storm ...
A new roughly US $4 million private catastrophe bond has been issued, Artex Axcell Re (Series FE0001), and the notes of the issuance are denominated in Japanese Yen, suggesting it covers catastrophe ...
US insurance firm Progressive is back in the catastrophe bond market and seeking $225 million or more in protection against losses from multiple perils, with a Bonanza Re Ltd. (Series 2024-1) issuance ...