Brit Re and Brit Syndicates have secured $100mn of Lapis 2025-1 cat bond coverage, as pricing on the deal settled at 7.5%,
Brit prices $100mn Lapis cat bond below guidance at 7.5%
The bond is being issued through Lloyd’s London Bridge 2 platform.
Brit Re and Brit Syndicates have secured $100mn of Lapis 2025-1 cat bond coverage, as pricing on the deal settled at 7.5%,