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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