Travelers has increased the target size of its new Long Point Re III cat bond to $300mn-$500mn, after initially launching the ILS deal at $300mn, according to Trading Risk sources.
Travelers upsizes cat bond to $300mn-$500mn

Travelers has increased the target size of its new Long Point Re III cat bond to $300mn-$500mn, after initially launching the ILS deal at $300mn, according to Trading Risk sources.