Genworth returns with $495mn mortgage ILS
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Genworth returns with $495mn mortgage ILS

Kit Heren
03 March 2021
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Genworth has issued the first mortgage ILS of the year, returning to the market with a $495mn transaction, the most that the insurer has ever sought from ILS investors.

Triangle Re 2021-1 is split across five tranches, with spreads between 170 and 450 basis points (bps).

The mortgage insurer’s previous forays into the ILS markets were for $302.8mn

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