Swiss Re Inks $100M ILS Deal Under New Singapore Regs

Law360, London (May 28, 2019, 9:07 PM BST) -- Reinsurance giant Swiss Re Capital Markets said Tuesday that it has inked a $100 million catastrophe bond for a Florida home insurer, in what it said is the first such deal under Singapore's new regime designed to foster the insurance-linked securities market.

The Zurich-based insurer structured and placed the catastrophe bond for Security First Insurance Co., a Florida-based home insurer that offers policies for major but unlikely disasters like storms, flooding and hurricanes. 

Swiss Re's U.S. branch helped link investors to the insurance product, which the reinsurer called the first of its kind under Singapore's relatively new rules for insurance-linked securities....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS