Insurance manager Kane has issued four new ILS deals on the Bermuda Stock Exchange through its insurance-linked securities (ILS) platform, Kane SAC.
The four ILS transactions total $125.8 million and the maturity date is listed as the January 12, 2016. The deals are: Exeter Segregated Account - $54.8 million; Hereford Segregated Account - $16.8 million; Muirfield Segregated Account - $26.7 million; and Troon Segregated Account - $27.5 million.
The transactions were all listed on January 14, 2015, and were listed in section V – insurance related securities.