汉诺威再保险推出 $200M 地震巨灾债券,将加州地震风险从 Kaiser Permanente 的保险公司转移给投资者。
Hannover Re launches $200M earthquake catastrophe bond to transfer California quake risk from Kaiser Permanente’s insurer to investors.
汉诺威再保险(Hannover Re)推出了第六份Acorn Re参数地震巨灾债券,目标为2亿美元,旨在将地震风险从Kaiser Permanente的工伤赔偿专属保险公司Oak Tree Assurance Ltd.转移到资本市场。
Hannover Re has launched its sixth Acorn Re parametric earthquake catastrophe bond, targeting $200 million, to transfer earthquake risk from Kaiser Permanente’s workers compensation captive insurer, Oak Tree Assurance Ltd., to capital markets.
该债券通过设在百慕大的Arcorn Re有限公司(系列2025-1)发行,使用基于加利福尼亚和其他西海岸地区地震活动的参数触发器,其收益为后退分保再保险的抵押。
Issued through Bermuda-based Acorn Re Ltd. (Series 2025-1), the bond uses parametric triggers based on seismic activity in California and other west coast areas, with proceeds collateralizing retrocessional reinsurance.
该交易由汉诺威 Re公司组成,由GC证券公司发行,标志着与保险有关的证券继续创新,使再保险人能够管理区域灾难风险,同时为机构投资者提供多样化的风险回报机会。
Structured by Hannover Re and placed by GC Securities, the transaction marks continued innovation in insurance-linked securities, enabling reinsurers to manage regional catastrophe exposure while offering institutional investors diversified risk-return opportunities.