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.

XL Catlin, $300 million catastrophe bond, Earthquake Risk, ILS, Alternative Risk Transfer, Cat Bond, Chi Hum, GC Securities, North America, Europe, Bermuda

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