Sanders Re upsized by $100mn to $550mn as pricing settles

21 March 2022

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Allstate has upsized its Sanders Re cat bond Class B and C notes by a combined $100mn, bringing the overall size of the issuance to $550mn.

The bond covers personal lines property and auto for named storm, earthquake, severe weather, fire, volcanic eruption or meteorite impact – in all 50 US states and the District of Columbia, excluding Florida.

The

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Sanders Re upsized by $100mn to $550mn as pricing settles

Allstate has upsized its Sanders Re cat bond Class B and C notes by a combined $100mn, bringing the overall size of the issuance to $550mn.

Fuel a smarter strategy with our actionable market intelligence

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Sanders Re upsized by $100mn to $550mn as pricing settles

Allstate has upsized its Sanders Re cat bond Class B and C notes by a combined $100mn, bringing the overall size of the issuance to $550mn.

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM