Citizens looks to raise $200mn cover with Everglades Re II cat bond
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Citizens looks to raise $200mn cover with Everglades Re II cat bond

Abbie Day
26 April 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Citizens logo palm trees storm.jpg

Citizens Property Insurance Corporation is seeking $200mn from an Everglades Re II cat bond, for any named storm in the state of Florida.

The bond will provide coverage on an aggregate, indemnity basis and is seeking to raise two series of notes, for two different accounts, namely with $100mn of series 2023-1 Class A notes and a further $100mn series 2023-2 Class...

Subscribers, log in here:

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
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Florida Citizens Catastrophe bonds Property
abbie wood/Abbie wood ii ils.png
Abbie Day
Reporter
Contact
Gift this article