USAA lowers pricing again for still $350m Residential Re 2026-2 cat bond
Oct 22 2026 17:46 UTC - Jack Willard
US military mutual insurer USAA’s new Residential Reinsurance 2026 Limited (Series 2026-2) catastrophe bond issuance remains at the upsized $350 million
➤ USAA has upsized its Residential Re 2026-2 catastrophe bond issuance to $350 million, indicating strong investor demand.
➤ The insurer has repeatedly lowered the price guidance for the notes, seeking to secure reinsurance protection at more cost-effective rates.
➤ This issuance highlights USAA's consistent and prolific use of the catastrophe bond market for risk transfer.
Read more at: https://rwatimes.io/articles/artemis-usaa-lowers-pricing-again-for-still-350-m-residential-re-2026-2-cat-bond-3651911956?utm_source=binance
Oct 22 2026 17:46 UTC - Jack Willard
US military mutual insurer USAA’s new Residential Reinsurance 2026 Limited (Series 2026-2) catastrophe bond issuance remains at the upsized $350 million
➤ USAA has upsized its Residential Re 2026-2 catastrophe bond issuance to $350 million, indicating strong investor demand.
➤ The insurer has repeatedly lowered the price guidance for the notes, seeking to secure reinsurance protection at more cost-effective rates.
➤ This issuance highlights USAA's consistent and prolific use of the catastrophe bond market for risk transfer.
Read more at: https://rwatimes.io/articles/artemis-usaa-lowers-pricing-again-for-still-350-m-residential-re-2026-2-cat-bond-3651911956?utm_source=binance