Progressive targets $125mn cat bond coverage with new Bonanza Re deal
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Progressive targets $125mn cat bond coverage with new Bonanza Re deal

Progressive logo storm surge.jpg

Progressive is seeking $125mn of cat bond coverage from its latest Bonanza Re issuance at a significantly steeper rate than its last ILS transaction in March, Trading Risk understands.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article