Gryphon to raise $50mn from Wrigley Re cat bond

Alex Frampton

07 June 2021

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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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Gryphon to raise $50mn from Wrigley Re cat bond

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

Fuel a smarter strategy with our actionable market intelligence

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Gryphon to raise $50mn from Wrigley Re cat bond

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

Log in to continue

Fuel a smarter strategy with our actionable market intelligence

Topics

Allstate posts March cat loss of $1.04bn net of reinsurance recoveries

Q1 insured cat losses of $53bn driven by CA wildfires: Aon

USAA in market to upsize property cat programme by almost $1bn at 1.7

Aon's Sykes appointed Guernsey Finance chairman

PCS lifts Palisades and Eaton wildfires loss estimate by 5.3% to $35.7bn