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

The bond is split into three tranches of notes.

By Jai Singh
November 26, 2024
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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

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Topics

NewsCatastrophe bondsReinsurersNorth America
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