Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

4 February 2012

Res Re takes 2010 ILS to $2.4bn

1 June 2010

ILS veteran USAA has closed its latest $400mn Residential Re issuance, taking total cat bond volumes at the official start of the 2010 US hurricane season today (1 June) to $2.4bn.
USAA issued $400mn of notes, providing indemnity cover for US wind and quake, fire following, thunderstorm, winterstorm and California wildfire in its 14th Residential Re cat bond on 25 May, as predicted by Trading Risk.
The bond is the tenth to be issued this year, taking total 2010 capacity...

You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.

Purchase


Share: This article was published as part of issue May 2010/1

Insider Publishing Limited - 2nd Floor Asia House, 31-33 Lime Street, London, EC3M 7HT, United Kingdom. The content of this website is copyright of Insider Publishing Limited 2012. All rights reserved Insider Publishing Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.

Π