Swiss Re has secured its upsized target of USD150 million of aggregate and subsequent event retrocessional reinsurance covering North American peak perils through its new Matterhorn Re Ltd. (Series 2026‑1) catastrophe bond, with each of the three tranches of notes pricing at the top end of initial guidance ranges.
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Appleby advised on all aspects of Bermuda law. Bermuda Managing Partner Brad Adderley led the transaction with support from Senior Associate Melinda Mayne and Associate Milaun Perott.













