The transaction is split across five tranches, Seaside Re 2024-1 ($16.5mn), 2024-11 ($7.5mn), 2024-12 ($7.5mn), 2024-13 ($15mn), 2024-31 ($12.5mn),
Hannover Re issues $59mn of Seaside Re cat bond lites
![hannover_re_bermuda_logo_2021.png](https://assets.euromoneydigital.com/dims4/default/80aa48a/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Ffb%2Fe4%2Fb1f4060047f5bf20c5e5c950e2d6%2Fhannover-re-bermuda-logo-2021.png)
The transaction is split across five tranches, Seaside Re 2024-1 ($16.5mn), 2024-11 ($7.5mn), 2024-12 ($7.5mn), 2024-13 ($15mn), 2024-31 ($12.5mn),