USAA places catastrophe bonds.(USAA Group Inc.): An article from: National Underwriter Property & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on June 16, 1997. The length of the article is 751 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: USAA Group Inc has put about $400 million in hurricane bonds in private placement, and analysts say this is a watershed event in the securitization of insurance risk. There has been high demand for the offering, which is conducted through Residential Reinsurance Ltd of the Cayman Islands. Risks and documentation of the offering are explained.

Citation Details
Title: USAA places catastrophe bonds.(USAA Group Inc.)
Author: Joe Niedzielski
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: June 16, 1997
Publisher: The National Underwriter Company
Volume: v101 Issue: n24 Page: p3(2)

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