Prologis is seeking to raise $95mn of quake cover with Logistics Re bond

The multiple offered on the deal is around 2.5x the expected loss.

October 16, 2024

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US industrial property owner and logistics specialist Prologis is seeking to raise $95mn of quake coverage through its Logistics Re cat bond issuance.

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Prologis is seeking to raise $95mn of quake cover with Logistics Re bond

The multiple offered on the deal is around 2.5x the expected loss.

Fuel a smarter strategy with our actionable market intelligence

Topics

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Prologis is seeking to raise $95mn of quake cover with Logistics Re bond

The multiple offered on the deal is around 2.5x the expected loss.

Log in to continue

Fuel a smarter strategy with our actionable market intelligence

Topics

Allstate posts March cat loss of $1.04bn net of reinsurance recoveries

Q1 insured cat losses of $53bn driven by CA wildfires: Aon

USAA in market to upsize property cat programme by almost $1bn at 1.7

PCS lifts Palisades and Eaton wildfires loss estimate by 5.3% to $35.7bn

Amwins’ Special Risk Underwriters launches excess casualty sidecar program