![Severe thunderstorm lowering cloud threatens tornado](https://assets.euromoneydigital.com/dims4/default/aaf1d33/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F8f%2F59%2F4cb8831bf3aae67dbf53de6f873d%2Fstorm.jpg)
SafePoint, Cajun Underwriters Reciprocal Exchange and Manatee have secured $50mn of named storm coverage, around 33% below the initial target, as their Nature Coast Re cat bond priced above guidance, Insurance Insider ILS understands.
The
SafePoint, Cajun Underwriters Reciprocal Exchange and Manatee have secured $50mn of named storm coverage, around 33% below the initial target, as their Nature Coast Re cat bond priced above guidance, Insurance Insider ILS understands.
The