Post by Moody's Ratings

Moody's Ratings has assigned a final rating to notes issued by Yardstick Re DAC, the first catastrophe bond rating under our revised Insurance-linked Securities (ILS) methodology. Sponsored by a large German insurer, the €100M transaction covers flood risk in Germany — with the parties seeking to transfer risk from insurers to capital markets, unlock capacity and strengthen resilience. The expansion of ILS is changing the insurance industry. Are you ready? https://mdy.link/4vZEzSJ