Third Acorn Re earthquake bond targets an initial $400mn
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Insurance Insider ILS is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Third Acorn Re earthquake bond targets an initial $400mn

Vermont captive Oak Tree Assurance is looking to raise $400mn with its third Acorn Re earthquake bond in a renewal of a 2018 transaction.

The single tranche, parametric-triggered deal has a guide price of 2.5%-3%, which gives a 3.1x midpoint multiple of the 0.89%

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article