Global reinsurance firm Swiss Re is back in the catastrophe bond market seeking $150 million or more in North American earthquake and named storm retrocessional protection from capital market investors, through a Matterhorn Re Ltd. (Series 2025-1) transaction.
This issuance will be the twelfth takedown under Swiss Re’s Matterhorn Re catastrophe bond program and adds to the long list of cat bond transactions we have tracked from the reinsurance company over the years.
This Series 2025-1 issuance will be the first natural catastrophe bond under the Matterhorn Re program since 2022, with Swiss Re’s last deal having been its first cyber cat bond in 2023.
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