Aspen seeks $225mn Kendall Re cat bond
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Aspen seeks $225mn Kendall Re cat bond

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Aspen is seeking to renew its $225mn Kendall Re cat bond, but has cut back the range of perils that it wants to be covered by the annual aggregate transaction.

The new deal would replace a $225mn, 2018 cat bond that is due to expire this year and comes as the second quarter gets underway with two retro deals on the ILS market.

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