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USAA lifts Residential Re 2026-2 cat bond target to $350m as price guidance drops
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. USAA is aiming to upsize its latest catastrophe bond issuance by 56% and secure the protection at reduced pricing, as the insurer now targets $350 million of collateralized multi-peril catastrophe reinsurance from the Residential Reinsurance 2026 Limited (Series 2026-2) issuance, Artemis understands. The US military mutual insurer returned to the catastrophe bond market earlier this […] USAA lifts Residential Re 2026-2 cat bond target to $350m as price guidance drops was published