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ACE secures collateralized reinsurance note cover via Rewireconnect

artemisORIGINAL PUBLICATION HERE

Global insurance and reinsurance player ACE Group has secured capital market investor backed catastrophe reinsurance protection, via the syndication and issuance of a collateralized note using the Rewireconnect platform, Artemis can reveal.

Sources told Artemis that ACE had been looking to secure an additional source of protection for its global and international catastrophe reinsurance program needs, enlisting the help of ILS structuring and bookrunning firm Rewire Holdings and choosing to syndicate the transaction through the Rewireconnect platform.