MetroCat Re Ltd., established in Bermuda, is a leading provider of reinsurance solutions focusing on the property and casualty sectors. The company specializes in offering long-term and short-term reinsurance products, catering to clients that seek to mitigate risk exposure through innovative solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| METCAT 5.75% 2026-05-08 USDMetroCat Re Ltd. | Bermuda | 2026-05-08 | 5.750 | 10.40 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, MetroCat Re Ltd. has been active in the bond market, starting its first series of bond issuances in 2016 to enhance capital strength and liquidity. Notable issuances include a $500 million catastrophe bond in 2018, designed to protect against severe weather events, which was well-received and underscored the company’s strength in risk assessment. The current yield on MetroCat bonds stands favorably at 4.2%, compared to the industry average of 3.5%, reflecting the company's solid financial position and market confidence. Additionally, the company has been recognized for integrating special features into its bonds, such as loss absorption mechanisms, which contribute to enhanced investor protection.