It's the first time Ariel Re has sponsored a cat bond using the UK based SPRV
Ariel Re to use London Bridge for new cat bond | | | Ariel Re opts to use London Bridge 2 PCC for new Titania Re cat bond sponsorship Ariel Re has returned to the catastrophe bond market initially seeking $125 million of US multi-peril retrocession, but for the first time the reinsurer is using the Lloyd's insurance-linked securities structure for this London Bridge 2 PCC Limited (Titania Re 2026-1) issuance. Ariel Re has previously sponsored five catastrophe bonds, all of which were issued using its Bermuda based special purpose insurer Titania Re Ltd. For this new issuance the company has opted to use the UK special purpose reinsurance vehicle London Bridge 2 PCC, which it has used for other funding purposes before. Read the full story. Other articles: | | | | | | Please share this with colleagues and friends if you think they would like to receive it. If you've been forwarded this but want to subscribe, visit Artemis. | | | | | | You may be receiving this because you recently attended an industry event we partnered with, giving us permission to email you. If you don't want to receive our weekly ILS, catastrophe bond and reinsurance capital newsletter please Unsubscribe or Edit your subscription here . © Steve Evans Ltd. - Artemis.bm | | | |
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