Quercus Re lists cat bonds on the BSX

A Groupama-backed insurance-linked securities vehicle has listed €150 million of catastrophe bonds on the Bermuda Stock Exchange. 

Quercus Re DAC 2024-1 catastrophe bonds cover European windstorm reinsurance for French risk. 

The notes are due in 2027 and were sponsored by Ocorian Securities (Bermuda).  

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