Oak Global Secures $150M Debut Catastrophe Bond

Deal Summary

Oak Global, a Lloyd’s underwriting firm, completed its first catastrophe bond issuance, raising $150 million of retrocessional protection via the Arthur Re Ltd. Quercian Re 2026‑1 transaction. The fully‑collateralized, multi‑year bond covers US/Canada named storms, earthquakes and wildfires and runs through May 2029, demonstrating Oak Global’s ability to tap capital markets for insurance risk transfer.