Florida Peninsula prices Palm Re bond 10% below guidance at 775bps
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Florida Peninsula prices Palm Re bond 10% below guidance at 775bps

Palm Re will provide Florida named storm cat bond coverage for Florida Peninsula, Edison and Ovation Home Insurance Exchange.

By Jai Singh
April 01, 2025
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Florida Peninsula, Edison and Ovation Home Insurance Exchange (OHIE) have priced their Palm Re cat bond at 775 basis points (bps), 10% below the midpoint of the initial guidance range of 825-900bps.

The

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