The Hanover raises Commonwealth Re target by 20% to $150mn
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

The Hanover raises Commonwealth Re target by 20% to $150mn

The Hanover logo storm damage.jpg

The Hanover has increased the target limit on its Commonwealth Re cat bond by 20% to $150mn, as the pricing nudged down by about 3% at the midpoint of guidance to 4%-4.25%, this publication understands.

The bond will provide indemnity, per-occurrence coverage for named storm across 13 states in the US northeast.

The coverage is for Connecticut, Delaware, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont and...

Request a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article