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Andover Companies secures $250m reinsurance with second Locke Tavern Re cat bond

  Artemis
The Andover Companies has now secured $250 million of collateralized catastrophe reinsurance from its new catastrophe bond sponsorship, more than replacing the soon to mature protection from its 2023 deal, Artemis can report.The Andover Companies, a large and long-standing mutual insurance group in the Northeast US, had sponsored its debut catastrophe bond back in March 2023. The first Locke Tavern Re cat bond secured the sponsor $175 million of multi-peril,.. Read More

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