VIG Re seeks €50m Euro wind retro with debut Charles Bridge Re cat bond sponsorship
VIG Re, the reinsurance arm of Vienna Insurance Group, is the latest first-time sponsor to enter the catastrophe bond market, as the company seeks a €50 million or greater source of fully-collateralized European windstorm retrocession through a Charles Bridge Re 2026 DAC issuance, Artemis has learned. VIG Re is a leading market-facing reinsurer in Central […]
Morocco targets regulatory framework for insurance securitization, including cat bonds
The government of Morocco is now aiming to prepare a regulatory framework to allow for the securitization of insurance risks, including through catastrophe bonds, as the country seemingly aims to support issuance as well as to be a beneficiary of risk transfer to the capital markets. Morocco’s ministry of finance published its Finance Bill for […]