PICC P&C’s new Great Wall Re catastrophe bond said to be a $12m issuance

We’ve learned that the new Great Wall Re Limited catastrophe bond issuance is $12 million in size, so presumably will provide an equivalent amount of capital markets backed reinsurance to the sponsoring Chinese domestic insurer, PICC Property and Casualty Company Limited. On Monday we revealed that PICC Property and Casualty Company Limited appeared to have […]