The Matterhorn Series 2020-3 notes will provide Swiss Re with collateralised retrocession cover against US named storm losses, on an industry loss trigger and per-occurrence basis.

Appleby Global Services (AGS), Appleby’s specialist trust and corporate services provider, is acting in the capacity of corporate secretary and listing sponsor to Matterhorn Re.

The deal is fourth in the series of catastrophe bond issuances and indicates recognition of the effectiveness of accessing the capital markets for retrocessional cover. Appleby advised Matterhorn Re Ltd. on all four matters.

Share
Twitter LinkedIn Email Save as PDF
More Deals
11 Jun 2020 | Deals

Appleby Bermuda advised Normandy Limited in respect of its merger with Caribbean Investment Holdings Limited

Appleby Bermuda advised Normandy Limited in respect of its merger with Caribbean Investment Holdings...

Contributors: Jamie Rego
26 May 2020 | Deals

Appleby advises on the secondary listing of AMTD International in Singapore

Appleby acted as Cayman Islands counsel for AMTD International Inc. (“AMTD International”) in re...

Contributors: Paul Cheuk, Robert Sit
22 Apr 2020 | Deals

Appleby advises STX Entertainment on Merger with Eros International

Leading offshore law firm Appleby is acting as Isle of Man counsel to STX Filmworks, Inc. (STX Enter...

14 Apr 2020 | Deals

Appleby Bermuda advised Global Atlantic in their launch of Ivy, a USD1 billion reinsurance co-investment vehicle

Appleby acted as Bermuda counsel to Global Atlantic Financial Group Limited (Global Atlantic), a lea...

14 Apr 2020 | Deals

Appleby advises GLP’S strategic investment partnership with China Merchants Group

Appleby acted as Cayman Islands and BVI counsel to GLP in relation to its establishment of a strateg...

Contributors: Quinton Tse, Eason Huang
9 Apr 2020 | Deals

Appleby Bermuda advised Relm in the launch of its operation to offer insurance cover for cryptocurrency and cannabis businesses

Appleby advised Relm, the innovative insurer of emerging business categories, which is owned by Delt...

7 Apr 2020 | Deals

Appleby Bermuda assists Credit Suisse with USD461 million Operational Re cat bond coverage

Appleby has assisted with a third catastrophe bond issuance offering Credit Suisse protection for it...

Contributors: Matthew Carr
24 Mar 2020 | Deals

Appleby advises DBS Bank on financing for privatisation

Appleby’s Hong Kong office acted as BVI and Cayman Islands counsel to DBS Bank (DBS) on the acquis...

Contributors: Karina Li
16 Mar 2020 | Deals

Appleby advises InFraRed NF on its USD45.9 million Financing Investment in China

Appleby’s Hong Kong office acted as BVI and Cayman Islands counsel to InfraRed NF, in a USD45.9 mi...

12 Mar 2020 | Deals

Appleby advise purchasers of St John's Manor

Sale of one of the Channel Islands’ most prestigious country estates. Leading law firm Appleby ...

Contributors: Jonathan Anderson