QBE Executes $400m Cat Bond

QBE executes $400m cat bond

The Bermuda Stock Exchange announced on Monday that QBE Insurance Group Limited closed a new catastrophe bond through the issuance of the Series 2025-2 Class A Principal-at-Risk Variable Rate Notes by...

QBE secures $400m of international peak peril reinsurance with latest cat bond

QBE, the Australia-headquartered global insurance and reinsurance company, has now successfully closed its latest catastrophe bond to secure the $400 million of international peak peril reinsurance from the Bridge Street Re Ltd. (Series 2025-2) issuance. This is the second issuance of Notes for Bridge Street Re, and will provide QBE and certain underwriting subsidiaries of the company, with a $400 million source of reinsurance against losses cau…

Bridge Street Re 2025-2 cat bond further enhances QBE’s capital management strategy: Killourhy - Artemis.bm

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. QBE Insurance Group’s sponsorship of its largest catastrophe bond sponsorship so far, the $400 million Bridge Street Re Ltd. (Series 2025-2) issuance, is set to diversify the firm’s capital providers while also further enhancing the company’s capital management strategy, according to Chris Killourhy, incoming Group Chief Financial Of…