Generali Enters Into Reinsurance Deals With Lion Re DAC, Sponsors EUR 200 Mln Catastrophe Bond
T-Reuters
05-29
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;)).