Floridian insurer Safepoint is targeting $165mn from its three-year Manatee Re 2018-1 cat bond, according to sources.
This is the first Florida cat bond to come to market for 2018 ahead of the mid- year renewals.
Floridian insurer Safepoint is targeting $165mn from its three-year Manatee Re 2018-1 cat bond, according to sources.
This is the first Florida cat bond to come to market for 2018 ahead of the mid- year renewals.