Beazley prices PoleStar Re at 13% as cyber deal upsizes to $140mn

14 December 2023

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Beazley has priced its cyber bond PoleStar Re at 13%, the top edge of the initially guided range of 12%-13%, as it secured $140m of limit, Insurance Insider ILS understands.

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Beazley prices PoleStar Re at 13% as cyber deal upsizes to $140mn

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Beazley prices PoleStar Re at 13% as cyber deal upsizes to $140mn

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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