Final pricing for Sanders Re cat bond lands at 5.75%

17 January 2024

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Final pricing for Allstate’s latest Sanders Re cat bond has landed at 5.75%, towards the lower bound of initial guidance, following an expansion of the instrument, Insurance Insider ILS understands.

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Final pricing for Sanders Re cat bond lands at 5.75%

Fuel a smarter strategy with our actionable market intelligence

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Final pricing for Sanders Re cat bond lands at 5.75%

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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