TD Insurance’s successful sponsorship of its second 144A catastrophe bond, the C$115 million MMIFS Re Ltd. (Series 2026-1) issuance, will help the company tackle the rising costs of natural disaster events and provide competitive pricing to its clients, James Russell, President and CEO, Senior Executive Vice President, TD Insurance has said. As we’ve been reporting, TD Insurance successfully priced its second 144A catastrophe bond at the beginning of January, which provides the firm with annual aggregate reinsurance for multiple perils across Canada. Then, as Artemis reported in early January, TD Insurance managed to successfully priced its second catastrophe bond offering, with the company settling for slightly less in reinsurance than it had initially targeted at the higher level of spread pricing. The C$150 million MMIFS Re 2026-1 cat bond provides TD Insurance with annual aggregate and indemnity triggered reinsurance protection, that covers a wide range of perils, including named storms, earthquakes, severe convective storms (SCS), winter storms and wildfires in Canada. James Russell, President and CEO, Senior Executive Vice President, TD Insurance, expressed his satisfaction in the firm’s successful return to the cat bond market.