AXIS successfully closes market’s first 144A cyber catastrophe bond

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Reinsurance News - Nov 29, 2023

Bermuda-based insurer and reinsurer, AXIS Capital Holdings Limited, today announced the closing of the market’s first 144A cyber catastrophe bond, a $75 million Long Walk Reinsurance Ltd. transaction which provides the firm’s subsidiaries with fully collateralized indemnity reinsurance for sys...

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