Kilimanjaro Re Ltd. Series 2024-1

Everest Re Group

ACTIVE

Principal

$600M

Peril

hurricane

Trigger

ilw

Spread

450 bps

Bond Details

Issuance: 2024-05-15
Maturity: 2027-05-15
Expected Loss: 2%
Attachment: 1.5%
Exhaustion: 5%
Calculation Agent: AIR Worldwide

CivilSense Assessment

Modeling Confidence

MEDIUM

Industry loss warranty with high attachment ($40B). CivilSense can estimate industry impact from NHC wind fields and exposure data, providing directional trigger proximity estimate. Official PCS determination independent.

Last reviewed: 5/10/2026

Trigger Structure

{
  "type": "industry_loss_warranty",
  "geography": "United States",
  "description": "US named storm industry loss per PCS exceeding attachment",
  "index_provider": "PCS (Property Claim Services)",
  "per_occurrence": true,
  "perils_covered": [
    "hurricane",
    "severe_weather"
  ],
  "attachment_loss_usd": 40000000000,
  "exhaustion_loss_usd": 65000000000,
  "measurement_period_months": 12
}

Trigger Evaluations

No trigger evaluations yet. Evaluations are generated when matching events occur.

View on Artemis Our Methodology

Questions about our catalog data? Calculation agents and sponsors can submit corrections to research@civilsense.io

For situational awareness only — not for investment decisions or emergency response. When available, CivilSense trigger evaluations are independent estimates and may differ from official calculation agent determinations.