Bermuda:
Appleby Bermuda Acted As Counsel To Matterhorn Re Ltd. On Its Fourth Catastrophe Bond Transaction Under The Sponsorship Of Swiss Re
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The Matterhorn Series 2020-3 notes will provide Swiss Re with
collateralised retrocession cover against US named storm losses, on
an industry loss trigger and per-occurrence basis.
Appleby Global Services (AGS), Appleby's
specialist trust and corporate services provider, is acting in the
capacity of corporate secretary and listing sponsor to Matterhorn
Re.
The deal is fourth in the series of catastrophe bond issuances
and indicates recognition of the effectiveness of accessing the
capital markets for retrocessional cover. Appleby advised
Matterhorn Re Ltd. on all four matters.
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