Seaside Re private bonds have maturity extended to 15 April
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Seaside Re private bonds have maturity extended to 15 April

Jai Singh
16 January 2024
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Hannover Re’s Seaside Re private cat bonds have had their maturity date extended to 15 April 2024, according to a filing on the Bermuda Stock Exchange.

As a result, $138.75mn worth of bonds were extended, with the extension effective as of 11 January 2024.

In total 12 bonds issued by Kaith Re, Hannover Re’s Bermuda based platform, between 2020 and 2023 have had their maturity dates...

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