Hannover Re boosted its "K6" catastrophe bond transaction, which was launched in 2009, by the maximum targeted amount of $152 million.

The total volume of the “K6” transaction is now at $329 million. The additional paper was taken up by new and existing investors. Hannover Re said that investor demand outstripped supply.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.