Germania Insurance announced the placement of its first catastrophe bond, issued through Handshake ReLtd., as part of the company’s broader reinsurance and capital management strategy.
The transaction became effective Jan. 1, 2026. The catastrophe bond provides $100 million of per occurrence protection from the perils of named storm, winter convective storm and complements Germania’s traditional reinsurance program.
The cat bond was structured with a four-year risk period and was well received by capital market investors, Germania said in a statement.
GC Securities, a division of MMC Securities LLC, was the sole structuring agent and sole bookrunner for Handshake Re Ltd. Series 2025-1 Notes.
This marks Germania’s first use of the catastrophe bond market.
Founded in 1896, Germania Insurance provides auto, home and life insurance for thousands of Texans.
Topics Catastrophe
Was this article valuable?
Here are more articles you may enjoy.
Illinois USPS Employee Indicted for Alleged Workers’ Comp Fraud 
Howden-Driven Talent War Has Cost Brown & Brown $23M in Revenue, CEO Says 
Accuweather: Winter Storm to Cause Up to $115B in Damage, Economic Losses 
Grandson Not Covered Under Grandma’s Home Insurance 
