Docstoc

Towers Watson Capital Markets Closes on Sunshine Re 2013-1, a Multiyear, $20 Million Catastrophe Bond

Document Sample
Towers Watson Capital Markets Closes on Sunshine Re 2013-1, a Multiyear, $20 Million Catastrophe Bond Powered By Docstoc
					
				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:6
posted:5/13/2013
language:Japanese
pages:2
Description: NEW YORK--(BUSINESS WIRE)--Towers Watson Capital Markets (TWCM), Inc., the wholly owned subsidiary of global professional services company Towers Watson (NYSE, NASDAQ: TW), announced it has recently arranged a private placement catastrophe bond, Sunshine Re 2013-1, for the Florida Municipal Insurance Trust (FMIT). The bond closed at $20 million with a coupon of 9.25% for three-year Florida risk. Specifically, the transaction transfers risks associated with Florida named windstorms on a per-occur a style='fon
EON: Enhanced Online News EON: Enhanced Online News http://eon.businesswire.com
About At EON: Enhanced Online News, we show you how to make your online press release thrive. If you want to drive traffic to your website, generate sales leads, make an announcement, or promote a new product, EON: Enhanced Online News delivers the online visibility that you need. EON: Enhanced Online News powered by Business Wire.