USAA returns $75mn to ResRe cat bond investors

07 September 2020

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Investors in several USAA-sponsored cat bonds have had around $75mn of capital previously paid out as a loss returned to Residential Re structures this month.

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USAA returns $75mn to ResRe cat bond investors

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USAA returns $75mn to ResRe cat bond investors

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM