Hannover issues $32.5mn in Seaside Re cat bond lite notes
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Hannover issues $32.5mn in Seaside Re cat bond lite notes

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Hannover Re has issued three Seaside Re cat bond lites totalling $32.5mn, split across two tranches of $10mn and one $12.5mn tranche.

This year’s deal is 35% bigger than the 2021 Seaside Re issuance, which it replaces, and is the first cat bond lite deal of 2023.

This

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