Progressive seeking $225mn of multi-peril Bonanza Re coverage
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Progressive seeking $225mn of multi-peril Bonanza Re coverage

The bond is split into three tranches of notes.

By Jai Singh
November 26, 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
progressive logo.png

Progressive is seeking $225mn of multi-peril coverage with its latest Bonanza Re issuance.

The bond will provide named storm, winter storm, wildfire, quake (shock excluded) and severe thunderstorm protection in all 50 US states and the District of Columbia.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

NewsCatastrophe bondsReinsurersNorth America
Gift this article