Florida Citizens lifts principal for $950mn Everglades Re cat bond

Alex Frampton

28 May 2021

Florida Citizens has informed investors it plans to seek $950mn from an Everglades Re bond after initially marketing it at just $500mn.

It marks a 90% increase in principal across the personal lines and the coastal accounts into which the deal is split.

It

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News Florida Citizens Catastrophe bonds

AF

Alex Frampton