Nephila secures $90mn of cat bond limit as Atela Re prices up
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Nephila secures $90mn of cat bond limit as Atela Re prices up

The coverage will be annual aggregate with an index trigger for wind and quake.

By Abbie Day
April 30, 2024
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Nephila has secured $90mn of wind and quake limit, comprising $60mn of Class A and $30mn of Class B coverage, as its Atela Re cat bond deal priced above guidance on both tranches, Insurance Insider ILS understands.

The

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Topics

Catastrophe bondsNewsNephila Capital
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