Generali Enters Into Reinsurance Deals With Lion Re DAC, Sponsors EUR 200 Mln Catastrophe Bond
Reuters
05-29
May 29 (Reuters) - Assicurazioni Generali SpA :: *ENTERS INTO COLLATERALISED MULTI-YEAR REINSURANCE AGREEMENTS WITH LION RE DAC *LION RE DAC HAS ISSUED SERIES 2025-1 NOTES COMPRISING TWO CLASSES WITH AN OVERALL SIZE OF EUR 200 MILLION *CLASS A NOTES WERE PRICED AT A PREMIUM OF 5.50% PER ANNUM, CLASS B NOTES WERE PRICED AT 6.00% PER ANNUM *AGREEMENT MARKS GENERALI'S RETURN TO INSURANCE-LINKED SECURITIES $(ILS)$ MARKET WITH CATASTROPHE BOND ISSUANCE *Further company coverage: GASI.MI * (Gdansk Newsroom) * ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))