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New $18.48m Isosceles deal takes 2022 private cat bond issuance to $738m

December 30, 2022

Isosceles Insurance Ltd., the Bermuda-domiciled private insurance-linked securities (ILS) and catastrophe bond platform operated by Marsh McLennan and reinsurance broker Guy Carpenter, has completed another private cat bond note issuance, with an $18.48 million Isosceles Insurance Ltd. (Series 2022-H) deal.

The emergence of another private catastrophe bond deal before the end of the year has taken 2022 private cat bond, or cat bond lite issuance to almost $738 million, which is the fifth highest annual total for these private ILS deals that Artemis has recorded.

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