New York MTA offers $75mn MetroCat Re storm-surge cat bond

02 May 2023

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The New York Metropolitan Transportation Authority’s (MTA) Metrocat Re 2023-1 cat bond is seeking to raise $75mn to cover storm surge, Trading Risk understands.

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New York MTA offers $75mn MetroCat Re storm-surge cat bond

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New York MTA offers $75mn MetroCat Re storm-surge cat bond

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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