Gryphon to raise $50mn from Wrigley Re cat bond
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Gryphon to raise $50mn from Wrigley Re cat bond

Alex Frampton
07 June 2021
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cracked road concrete close up

Gryphon Mutual Insurance is seeking to raise $50mn from a new Wrigley Re earthquake cat bond deal, which will be fronted by Hannover Re.

Gryphon Mutual was set up by investment firm Blackstone last year as a captive insurer focussed on North America property risks, according to the Wall Street Journal.

The

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Alex Frampton
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