France headquartered global reinsurance firm SCOR said this morning that its successfully issued $240 million Atlas Capital Reinsurance 2022 DAC (Series 2022-1) catastrophe bond has environmental, social and governance (ESG) considerations integrated into it.
As we’ve been reporting, SCOR came to market with its latest catastrophe bond with a $150 million target earlier in May.
With SCOR’s appetite for retrocession greater than the initial target, we then explained that the size target for the new Atlas Capital cat bond was lifted to between $200 million and $250 million.
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