SCOR successfully sponsors a new catastrophe bond, Atlas Capital DAC Series 2026-1
Press release28 May 2026 - N° 11
SCOR successfully sponsors a new catastrophe bond, Atlas Capital DAC Series 2026-1
SCOR has successfully sponsored a new catastrophe bond ("cat bond"), Atlas Capital DAC Series 2026-1, which will provide the Group with multi-year risk transfer capacity of USD 75 million to protect itself against named storms in the US and the Caribbean, earthquakes in the US and Canada, and European windstorms. The risk period for Atlas Capital DAC Series 2026-1 will run from 1 June 2026 to 31 May 2029. The transaction has received the approval of the Irish regulatory authorities. The cat bond offering integrates ESG-related considerations to support investors' due diligence.
The cat bond was priced on 20 May 2026 with an interest spread of 6.00% and was issued on 27 May 2
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