Gryphon to raise $50mn from Wrigley Re cat bond
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Gryphon to raise $50mn from Wrigley Re cat bond

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

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article