Allstate seeks $200mn from Sanders Re bond
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Allstate seeks $200mn from Sanders Re bond

Alex Frampton
10 May 2021
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Allstate told investors it will seek to raise $200mn from a new Sanders Re cat bond less than a month after announcing it would recover $195mn of losses from an earlier Sanders Re transaction.

The 2021-1 bond will provide cover on a per occurrence basis, triggering against named storms, earthquakes, and fire and severe weather events.

The

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NewsCatastrophe bondsAllstate
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Alex Frampton
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