{"id":26171,"date":"2026-05-19T09:00:19","date_gmt":"2026-05-19T09:00:19","guid":{"rendered":"https:\/\/www.europesays.com\/spain\/26171\/"},"modified":"2026-05-19T09:00:19","modified_gmt":"2026-05-19T09:00:19","slug":"mapfre-re-secures-200m-us-named-storm-coverage-with-new-cat-bond","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/spain\/26171\/","title":{"rendered":"Mapfre Re secures $200m US named storm coverage with new cat bond"},"content":{"rendered":"<p>Mapfre Re, the reinsurance arm of Mapfre, has completed a $200 million catastrophe bond via its special purpose vehicle Recoletos Re DAC, providing indemnity-based U.S. named storm coverage on a per-occurrence basis over a three-year risk period through June 2029.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-191251\" src=\"https:\/\/www.europesays.com\/spain\/wp-content\/uploads\/2026\/04\/1775869525_972_mapfre-re-logo-new-2.png\" alt=\"\" width=\"360\" height=\"225\"  \/>Mapfre Re explained that with this transaction, it continues to reinforce the use of alternative capital as a \u201cstructural pillar\u201d of its retrocession and reinsurance purchasing strategy, enhancing the wider group\u2019s resilience through diversified sources of capacity that complement traditional products.<\/p>\n<p>The transaction also introduces, for the first time, indemnity-based, per-occurrence U.S. named storm coverage fully integrated into Mapfre Re\u2019s corporate reinsurance purchasing program.<\/p>\n<p>\u201cThis approach allows for closer alignment between reinsurance protection and the group\u2019s underlying risk exposure, improving the effectiveness of risk transfer to the capital markets,\u201d Mapfre Re observed.<\/p>\n<p>Miguel Rosa, CEO of Mapfre Re, commented, \u201cThis transaction underscores our disciplined approach to risk management and our continued commitment to securing robust, well\u2011aligned protection for the Mapfre Group.<\/p>\n<p>\u201cBy further integrating indemnity\u2011based catastrophe bond coverage into our reinsurance corporate program, we are supporting the Group\u2019s resilience while making strategic and diversified use of capital markets capacity.\u201d<\/p>\n<p><a href=\"https:\/\/www.artemis.bm\/deal-directory\/recoletos-re-dac-series-2026-1\/\" rel=\"nofollow noopener\" target=\"_blank\">Read more on this in the Deal Directory of our sister publication Artemis, which contains information on more than 1,000 catastrophe bonds and related ILS transactions issued since the ILS &amp; cat bond market began in the mid-1990\u2019s<\/a>.<\/p>\n<p>                    <a href=\"#\" rel=\"nofollow\" onclick=\"window.print(); return false;\" title=\"Printer Friendly, PDF &amp; Email\"><br \/>\n                    <img decoding=\"async\" class=\"pf-button-img\" src=\"https:\/\/www.europesays.com\/spain\/wp-content\/uploads\/2026\/04\/printfriendly-pdf-button-nobg-md.png\" alt=\"Print Friendly, PDF &amp; Email\" style=\"width: 124px;height: 30px;\"\/><br \/>\n                    <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Mapfre Re, the reinsurance arm of Mapfre, has completed a $200 million catastrophe bond via its special purpose&hellip;\n","protected":false},"author":2,"featured_media":744,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[126],"tags":[1952,170,167,237],"class_list":["post-26171","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mapfre","tag-catastrophe-bonds","tag-insurance-linked-securities","tag-mapfre","tag-mapfre-re"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/26171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=26171"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/26171\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/744"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=26171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=26171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=26171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}