Chartis jumps on ILS bargain; $450mn Lodestone placed
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Chartis jumps on ILS bargain; $450mn Lodestone placed

Chartis subsidiary National Union Fire Insurance Company of Pittsburgh (NUFI) almost doubled the size of its second Lodestone cat bond issuance, placing $450mn at the expense of the collateralised reinsurance market as ILS prices came in 30 percent cheaper,...

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