Global insurance manager Kane SAC has listed a total of $125.8 million in new notes on the Bermuda Stock Exchange.

The cash is spread over four segregated accounts — called Exeter, Troon, Muirfield and Hereford — worth between $16.8 million and $54.8 million each.

Kane SAC made the issues as part of its limited note programme, the firm’s independent private catastrophe bond platform.

Robert Eastham, managing director of Kane (Bermuda), said: “The announcement of four new issuances on the Kane SAC platform serves to demonstrate that the programme is meeting a very clear market demand for the ability to transact smaller capital market deals in an efficient and cost-effective manner.

“We expect to see strong growth in this area moving forward given the growing influence of the investment community in the insurance arena.”

The new notes brings the total Kane has listed as part of its catastrophe bond platform to 11 since its launch in August 2013.