Scor places $75mn Atlas Capital Re cat bond

26 May 2023

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Scor has placed $75mn of coverage with its latest Atlas Capital Re cat bond priced at 7.25%, which was 17% below the mid-point of the initial pricing guidance of 8.25%-9.25%.

The bond provides coverage for named storm in the US, District of Columbia, Puerto Rico and US Virgin Islands, and quake coverage for the same territories plus Canada.

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Scor places $75mn Atlas Capital Re cat bond

Scor has placed $75mn of coverage with its latest Atlas Capital Re cat bond priced at 7.25%, which was 17% below the mid-point of the initial pricing guidance of 8.25%-9.25%.

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Scor places $75mn Atlas Capital Re cat bond

Scor has placed $75mn of coverage with its latest Atlas Capital Re cat bond priced at 7.25%, which was 17% below the mid-point of the initial pricing guidance of 8.25%-9.25%.

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Uncover exclusive insights tailored for insurance leaders

Topics

Louisiana Citizens bond Bayou Re upsizes 83% to $275mn

NC State researchers expect ‘active’ 2024 hurricane season

Allstate pegs March pre-tax cat losses at $328mn

PFZW’s ILS allocation drops 9% in Q1 to $8.3bn

Nat cat insured losses hit at least $20bn in Q1 2024: Gallagher Re