Swiss Re set to bring insurance sector’s first permanent writedown Coco
Swiss Re is meeting investors in its home country on Monday on the final day of the roadshow for a potential contingent capital trade, which is set to be the first Coco from an insurance issuer to feature permanent writedown. Bankers say the deal could inspire more issuance from insurers looking for a more efficient alternative to catastrophe bonds.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: