Beazley prices PoleStar Re at 13% as cyber deal upsizes to $140mn

14 December 2023

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Beazley has priced its cyber bond PoleStar Re at 13%, the top edge of the initially guided range of 12%-13%, as it secured $140m of limit, Insurance Insider ILS understands.

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Beazley prices PoleStar Re at 13% as cyber deal upsizes to $140mn

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Beazley prices PoleStar Re at 13% as cyber deal upsizes to $140mn

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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