Conduit Re updates pricing on $100mn Stabilitas Re wind and quake cat bond
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Conduit Re updates pricing on $100mn Stabilitas Re wind and quake cat bond

Samuel Casey
06 June 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
conduit_re_bermuda_logo_2022.png

Conduit Re has lowered the pricing guidance on its debut cat bond Stabilitas Re by around 7% at the midpoint to 8.5%-9%, this publication understands.

The sponsor is seeking $100mn of wind and quake coverage for the US and District of Columbia.

The coverage is annual, aggregate, triggered by territory-weighted industry loss as reported by PCS.

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
Request a free trial Already a subscriber? Login now

Topics

Catastrophe bondsNews
sam casey/sam casey ii ils.png
Samuel Casey
Senior Reporter
Contact
Gift this article