LA utility seeks up to $150mn for Power Protective fire bond with indemnity trigger
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LA utility seeks up to $150mn for Power Protective fire bond with indemnity trigger

Alex Frampton
31 August 2021
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The Los Angeles Department of Water and Power (LADWP) is seeking to raise up to $150mn for a new Power Protective cat bond in its first indemnity deal, Trading Risk understands.

The

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NewsWildfireCatastrophe bonds
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Alex Frampton
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