Kane issues $50.2m cat bond


Kane SAC, a Bermuda-based subsidiary of Kane, has listed a new Kane SAC insurance-linked securities (ILS) note programme on the Bermuda Stock Exchange.

The $50.2 million of notes has been issued as Series 1-2015 notes, with a due date of April 7, 2016.

Kane, Kane SAC, ILS, note programme, BSX, Bermuda Stock Exchange

Bermuda Re