U.K.-based Beazley plc is seeking $100 million in natural catastrophe reinsurance bonds, Artemis reported. The notes will collateralize a multi-year reinsurance agreement covering property losses from named storms and earthquakes in the U.S., Canada and parts of the Caribbean. It provides indemnity, per-occurrence protection attaching at $900 million in losses and exhausting at $1.2 billion, running from January 2026 to March 2029.
