Japan
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The Bermudian firm has an active ILS division, unlike the Japanese conglomerate’s insurance divisions.
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The broker has noted that double-digit reductions are increasingly available in property.
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Millions are evacuating after one of the strongest earthquakes in modern history.
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One dollar-denominated deal has opted to hold collateral in EBRC notes.
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Debut sponsor SV SparkassenVersicherung also secured its target size of $100mn.
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The bond will cover China, India and Japan quake and Japan typhoon.
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The bond will provide protection against German and Japan quake.
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The deal of the size was unchanged at $100mn.
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The bond will provide protection against China, India and Japan quake, and Japan typhoon.
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The reinsurer is seeking index-based cover for a wide scope of perils and territories.