Tomoni Re cat bond downsized as aggregate layer is withdrawn
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Tomoni Re cat bond downsized as aggregate layer is withdrawn

Liz Bury
28 March 2022
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XINHUA PHOTOS OF THE DAY

Mitsui Sumitomo Insurance Co and Aioi Nissay Dowa Insurance Co have downsized the Tomoni Re catastrophe bond to $190mn-$245mn over two notes, compared with the initial offering of $240mn over four notes of $60mn each, Trading Risk understands.

The

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News(Re)insurersCatastrophe bonds
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