Greater Bay Re bond draws in local HK investors
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Greater Bay Re bond draws in local HK investors

Hong Kong skyline.jpg

A meaningful percentage of investors in the latest China Re cat bond were local to Hong Kong, Aon Securities said.

The Greater Bay Re deal provided $30mn of typhoon cover, confirming previous reports on the transaction.

The deal protected China P&C Re, and general manager of the firm Zhang Renjiang said it was a significant milestone for the insurance industry...

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