Allstate redeems $37.5mn of Castle Key cat bond limit for Florida
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Allstate redeems $37.5mn of Castle Key cat bond limit for Florida

The multi-peril coverage was due to expire in June 2026.

By Jai Singh
March 28, 2024
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Allstate logo storm damage.jpg

Allstate has redeemed $37.5mn of Sanders Re Class C catastrophe bond notes more than two years ahead of their scheduled maturity date in June 2026, a filing on the Bermuda Stock Exchange (BSX) shows.

The

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