Sakura Re prices at lower end of guidance at 275bps
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Sakura Re prices at lower end of guidance at 275bps

The bond will provide coverage for Japan typhoon and flood on an indemnity, per-occurrence basis.

By Ayesha Venkataraman
March 24, 2025
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US Currency: Wads of US bills fastened with rubber bands, close-up

Sompo International’s latest issuance of Sakura Re cat bond has priced at 275 basis points (bps), at the lower end of the initial guided range of 275-300bps.

The

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Topics

Catastrophe bonds News Property treaty Reinsurers Asia Pacific Sompo International
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