25-04-2017 17:38 via insuranceinsider.com

Third deal this year for club cat bond platform

The Resilience Re club cat bond platform run by Willis Towers
Watson Securities has completed its third deal this year with a
$173mn insurance-linked securities (ILS) issuance, according to a
Bermuda Stock Exchange announcement.
In January, QBE used the platform to raise $187mn of collateralised
reinsurance protection.
This was followed in February by a $63mn deal for an unknown
sponsor.
The latest Resilience Re 1741A deal takes private cat bond
issuance to $431mn for the year, according to figu
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