Allstate secures $100mn Class A Sanders Re limit
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Allstate secures $100mn Class A Sanders Re limit

Liz Bury
02 December 2022
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The final size has closed at $100mn on the latest Sanders Re cat bond Class A issuance from Allstate, with the price 625 basis points (bps).

The offered deal expanded in size to $100mn-$125mn, up from the initial $100mn, before settling back.

Final pricing was 50 bps above the top end of guidance, which was initially 525-575 bps.

The

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Catastrophe bondsAllstateNews
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