XL Catlin has completed a $300 million catastrophe bond protecting itself against a mixture of windstorm and earthquake risk in the US, Canada and Europe. It is the first time the company has used this form of protection since XL Group acquired Catlin.
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XL Catlin, $300 million catastrophe bond, Earthquake Risk, ILS, Alternative Risk Transfer, Cat Bond, Chi Hum, GC Securities, North America, Europe, Bermuda