American Coastal seeks $150mn in Armor Re II cat bond
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American Coastal seeks $150mn in Armor Re II cat bond

The coverage is for any named-storm loss event in Florida.

By Abbie Wood
March 13, 2024
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Florida state flag.jpg

American Coastal Insurance Company is launching a $150mn cat bond, Armor Re II, Insurance Insider ILS understands.

The carrier is seeking indemnity per-occurrence coverage for any named-storm loss event in Florida.

The

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