Allstate raises $370mn of Sanders Re III Florida limit
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Allstate raises $370mn of Sanders Re III Florida limit

Rachel Dalton
30 May 2023
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Allstate’s latest Sanders Re III bond has sized at $370mn, comprising $300mn of Class A notes and $70mn of Class B notes, this publication understands.

The bond will provide Florida coverage for Allstate subsidiary brands Castle Key, National General and North Light, for any named storm, earthquake, severe weather event, fire, volcanic eruption or meteorite impact.

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NewsCatastrophe bondsAllstate
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Rachel Dalton
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