XL Bermuda offers wind and quake bond Galileo Re up to $250mn

10 November 2023

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XL Bermuda is offering a wind and quake index cat bond, Galileo Re, with a target size of $250mn across two tranches, Trading Risk understands.

The bond, the first from this sponsor, will provide coverage for XL Bermuda and certain of its insurance and reinsurance subsidiaries across the US, Canada, Europe and the UK.

The

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XL Bermuda offers wind and quake bond Galileo Re up to $250mn

XL Bermuda is offering a wind and quake index cat bond, Galileo Re, with a target size of $250mn across two tranches, Trading Risk understands.

Fuel a smarter strategy with our actionable market intelligence

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XL Bermuda offers wind and quake bond Galileo Re up to $250mn

XL Bermuda is offering a wind and quake index cat bond, Galileo Re, with a target size of $250mn across two tranches, Trading Risk understands.

Login to continue

Fuel a smarter strategy with our actionable market intelligence

Topics

PFZW’s ILS investments return 11.7% year-to-date

Cat bond volume of $495mn has come to the market

Milton: A proof of concept moment for ILS

Communicating ILS nuances will build trust among end-investors: ILS Connect panel

CoreLogic pegs Milton insured loss at $17bn-$28bn