Eden Re increased its sidecar vehicle Eden Re II to more than $2bn for 2019 , matching the amount raised for the vehicle in 2014 . Munich Re had allowed Munich Re access to capital markets for retrocessional reinsurance protection since 2019 , and had transferred more than $2bn of risk since then. Read our previous articles on Munich Re’s Eden Re II Ltd. collateralised reinsurance sidecar. The deal also allowed it to share underwriting returns with insurance-linked investors. The due date was set at March 22 , the same date as the 2018 deal, leading analysts to suggest an annual renewal arrangement for the deal.
Eden Re increased its sidecar vehicle Eden Re II to more than $2bn for 2019 , matching the amount raised for the vehicle in 2014 . Munich Re had allowed Munich Re access to capital markets for retrocessional reinsurance protection since 2019 , and had transferred more than $2bn of risk since then. The deal also allowed it to share underwriting returns with insurance-linked investors. The due date was set at March 22 , the same date as the 2018 deal, leading analysts to suggest an annual renewal arrangement for the deal.