Hannover Re issues $59mn of Seaside Re cat bond lites
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Hannover Re issues $59mn of Seaside Re cat bond lites

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Hannover Re has issued $59mn of Seaside Re cat bond lite deals through its Bermuda based transformer, Kaith Re, a filing on the Bermuda Stock Exchange confirmed.

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),

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