bond

Palomar set for $415m of quake reinsurance from largest Torrey Pines cat bond but Educated

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Palomar Insurance coverage Holdings now seems to be set to safe its largest disaster bond ever, because the Torrey Pines Re Ltd. (Collection 2024-1) issuance is prone to safe the corporate $415 million in California earthquake reinsurance from the capital markets, Artemis has discovered.That’s a rise from the preliminary goal to safe $400 million of … Read more

Gallatin Level seeks $150m Marlon Florida wind cat bond to guard funding portfolio

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An fascinating new disaster bond transaction has come to mild, as we’ve realized personal funding agency Gallatin Level Capital LLC is to change into the beneficiary of a cat bond to switch some Florida hurricane danger from its funding portfolio, with a $150 million goal for the Marlon Ltd. (Sequence 2024-1) issuance.Gallatin Level is a … Read more