Liberty Mutual strikes $278m ILS transaction


Bermuda domiciled Limestone Re has issued $278 million of notes to investors in a private placement transaction that provides collateralised reinsurance for Liberty Mutual’s US property catastrophe programme, as well as US homeowners and global property reinsurance risks.

Liberty Mutual, Limestone Re, ILS, Collateralised reinsurance, Property catastrophe, North America, Bermuda

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