Pricing for VKB’s King Max Re cat bond settles at 5%

11 December 2023

X
LinkedIn
Show more sharing options

German P&C reinsurer VKB Re’s cat bond King Max Re has priced at 5%, the upper end of its initial price guidance of 4.25%-5%, this publication understands.

VKB has also finalised the number of notes on offer, offering EUR175mn ($188mn) of Class A principle at risk variable notes, having initially offered EUR150mn.

The

Enter your e-mail to claim 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

Take a free trial Already a subscriber? Login now

Pricing for VKB’s King Max Re cat bond settles at 5%

German P&C reinsurer VKB Re’s cat bond King Max Re has priced at 5%, the upper end of its initial price guidance of 4.25%-5%, this publication understands.

Uncover exclusive insights tailored for insurance leaders

Topics

Most Recent

Universal ‘seeing more entrants coming into the market’: CEO Donaghy

ILS managers can differentiate on ESG factors: panel

Cyber ILS market 'yet to be tested’: panel

Sponsors routinely weigh cat bonds as part of their risk transfer strategy: panel

Jamaica’s $150mn cat bond prices at upper reach of guidance

Pricing for VKB’s King Max Re cat bond settles at 5%

German P&C reinsurer VKB Re’s cat bond King Max Re has priced at 5%, the upper end of its initial price guidance of 4.25%-5%, this publication understands.

Login to continue

Uncover exclusive insights tailored for insurance leaders

Topics

Universal ‘seeing more entrants coming into the market’: CEO Donaghy

ILS managers can differentiate on ESG factors: panel

Cyber ILS market 'yet to be tested’: panel

Sponsors routinely weigh cat bonds as part of their risk transfer strategy: panel

Jamaica’s $150mn cat bond prices at upper reach of guidance