St Johns seeks $100mn from first-time cat bond Putnam Re
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St Johns seeks $100mn from first-time cat bond Putnam Re

Alex Frampton
11 May 2021
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Floridian insurer St Johns Insurance has told investors it will look to raise $100mn from its first ever Putman Re cat bond.

It will trigger on an indemnity per occurrence basis against named storms in Florida and South Carolina but, following a reset, it will apply to any other US states.

The

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Topics

NewsCatastrophe bonds
AF
Alex Frampton
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