QBE turns to Resilience Re for $187mn cat bond

The recent $187mn Resilience Re club cat bond deal was made on
behalf of QBE, sister publication Trading
Risk revealed.
The deal was the largest issuance completed to date via Willis
Capital Markets & Advisory's Resilience Re platform.
The transaction contributed to the $343.16mn of cat bond lite
volumes in 2017, which has already surpassed last year's total
of $212.8mn after a flurry of January deals.
The Resilience Re programme is designed to take collateralised
reinsurance written for a s