3 March 2016Alternative Risk Transfer

XL Catlin taps cat bond shelf programme Galileo Re for first time

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.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Alternative Risk Transfer

RenaissanceRe ups ILS AuM on own cash and earnings, but flows don’t show

23 July 2026 RenRe ponies up own cash for cat bond unit Medici as part of the Q2 AuM gain.

Alternative Risk Transfer

As cat bonds reach new highs, reflecting on a 30-year journey

23 July 2026 From a post-Andrew experiment to a $65.5bn market, catastrophe bonds have transformed reinsurance, attracted capital and made Bermuda the global ILS hub.

Alternative Risk Transfer

Bamboo bolsters Greenshoots Re sidecar with fourth fronting carrier

20 July 2026 Multi-year investor commitments back California admitted programme growth.