Everglades Re, the first cat bond from Florida's homeowner insurer of last resort, Citizens Insurance, traded at 103.5 cents to the dollar in early June, as prices for recent issuances rose significantly on the secondary market.
Everglades Re, the first cat bond from Florida's homeowner insurer of last resort, Citizens Insurance, traded at 103.5 cents to the dollar in early June, as prices for recent issuances rose significantly on the secondary market.