American Strategic lowers target to $80m on Bonanza Re
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American Strategic lowers target to $80m on Bonanza Re

American Strategic Insurance is set to raise $80mn from its Bonanza Re catastrophe bond, at the lower end of its previous $75mn-$100mn target.

The bond is American Strategic’s first issuance of 2021, and will bring its ILS cover to a total of $575mn.

It

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