Global reinsurance giant Swiss Re is back in the catastrophe bond market to sponsor its second issuance of the year, with an initial target to secure $250 million of US named storm per-occurrence based retrocessional protection through a Matterhorn Re Ltd. (Series 2026-2) transaction, Artemis can report.
Swiss Re is looking to sponsor with what will become the sixteenth takedown under its Bermuda-based Matterhorn Re catastrophe bond program.
This will be the firm’s second catastrophe bond issuance under Matterhorn Re in 2026, having secured $150 million of annual aggregate retro reinsurance from a Matterhorn Re 2026-1 cat bond in February.
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