Ocean Harbor Insurance coverage Group has efficiently priced its debut disaster bond with the Oceanside Re Ltd. (Collection 2025-1) issuance set to supply the focused $75 million of collateralized multi-year disaster reinsurance for named storm and extreme climate dangers within the state of New York.Ocean Harbor entered the disaster bond market as a primary time … Read more
Listings of disaster bond notes on the Bermuda Inventory Change (BSX) rose by nearly 5% in notional restrict phrases over the first-quarter of 2025, to finish the interval at a brand new excessive of $47.53 billion.Total insurance-linked securities (ILS) listings on the Bermuda Inventory Change (BSX), which incorporates disaster bond packages and notes, any desire … Read more
The Ambassador mutual disaster bond fund technique has continued to develop its property underneath administration in latest months, including $63.3 million since we final reported on it, to succeed in $191 million in web property underneath administration.The Ambassador Fund was launched within the third-quarter of 2021 by funding supervisor Embassy, which has a give attention … Read more
New York AG “takes exception” to Trump’s bond in fraud case | Insurance coverage Enterprise America Insurance coverage Information New York AG “takes exception” to Trump’s bond in fraud case “There are critical questions on if this bond was correctly posted,” professional says Insurance coverage Information By Ryan Smith The $175 million surety bond posted … Read more
Zenkyoren, the Japanese Nationwide Mutual Insurance coverage Federation of Agricultural Cooperatives, has returned to the disaster bond market looking for $150 million or extra in mixture earthquake reinsurance safety from the capital markets via a Nakama Re Pte. Ltd. (Collection 2024-1) deal.Zenkyoren is likely one of the largest disaster reinsurance consumers on this planet and … Read more
