Palomar returns with $300mn Torrey Pines cat bond
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Palomar returns with $300mn Torrey Pines cat bond

Kit Heren
02 March 2021
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Palomar Insurance Holdings is returning to the cat bond market to raise a possible $300mn, according to industry sources, in a strategy shift after the company decided not to renew its debut bond last year.

At $300mn, the new Torrey Pines 2021-1 US earthquake bond would be nearly double the size of the 2017 issuance that came off risk in May 2020.

The

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Kit Heren
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