Beazley's PoleStar Re lists $210m cyber cat bond

Beazley has listed its third set of PoleStar Re cyber catastrophe bonds on the Bermuda Stock Exchange, with $210 million of notes being issued. 

The issue follows previous 2024 issuances of $160 million and $140 million for a total of $510 million. 

The notes are due in January, 2028.

Also on the BSX, Essent-backed Radnor Re has issued $363 million worth of 10-year mortgage insurance-linked securities. Radnor Re 2024-1 was licensed by the Bermuda Monetary Authority in August. 

The notes were issued in five tranches with coupons ranging from 2% to 5.15% and are due to terminate in 2034.   

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