Munich Re to launch $100mn cat bond
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Munich Re to launch $100mn cat bond

Aisling Finn
02 May 2023
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Munich Re logo Munich Germany.jpg

Munich Re is launching a cat bond, Queen Street 2023 Re DAC, looking to raise $100mn in principal-at-risk variable-rate notes, this publication understands.

The company is seeking indemnity per occurrence for named storms between 1 June 2023 and 1 December 2025 across all 50 US states, the District of Colombia, Puerto Rico and the US Virgin Islands.

Munich

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Catastrophe bondsMunich ReNews
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