Safepoint seeks $125mn from Manatee Re
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Safepoint seeks $125mn from Manatee Re

Martha Muir
15 March 2022
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safepoint insurance logo louisiana.jpg

Safepoint Insurance Company is seeking $125mn from a 2022 series Manatee Re cat bond.

Offered in two tranches of notes, the issuance will provide indemnity per occurrence coverage against named storms in the US states of Alabama, Florida, Louisiana, Mississippi, New Jersey and Texas.

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Topics

NewsRe/insurersCatastrophe bonds
MM
Martha Muir
Reporter
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