Great American set to expand Riverfront Re cat bond
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Great American set to expand Riverfront Re cat bond

Fiona Robertson
21 May 2021
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Great American Insurance is looking to grow its latest Riverfront Re cat bond from $200mn to $285mn-$305mn, adding almost 50% to its initial target size.

Pricing on the two tranches of the deal had a mixed outcome, with the lower-risk layer pricing towards the upper end of expectations and the higher-risk layer settling at the lowest end of forecasts, it is understood.

The

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Re/insurersCatastrophe bondsNews
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