Artex has issued a $50.2mn cat bond lite on behalf of its Segregated Account DX, according to a Bermuda Stock Exchange listing.
The transaction is due 6 April 2018 and is the largest to be handled by Artex's private bond issuance platform this year.
Cat bond lite deals for 2017 now total $343.16mn, according to Trading Risk records. They include a $187mn Resilience Re transaction and an $86.5mn Seaside Re issuance from Hannover Re's Kaith programme.
This year's volumes have...
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