Allstate further increases target size of Sanders Re bond to $400mn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Allstate further increases target size of Sanders Re bond to $400mn

Abbie Day
12 January 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
allstate logo cat split.jpg

Allstate has further updated the targeted size of its latest Sanders Re cat bond to $400mn, from its last update of $300mn-$350mn, this publication understands.

Earlier today, this publication reported that as well as increasing the targeted size to $300mn-$350mn from $200mn, the insurer updated the spread on the cat bond, which has settled at 5.75%,

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 Catastrophe bonds Allstate
abbie wood/Abbie wood ii ils.png
Abbie Day
Reporter
Contact
Gift this article