Utica Mutual’s debut cat bond prices at 325bps, top end of guidance
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Utica Mutual’s debut cat bond prices at 325bps, top end of guidance

The bond will provide protection against named storm and thunderstorm.

By Jai Singh
April 29, 2025
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Utica Mutual placed $150mn of limit for its debut 144A cat bond, Genesee Street Re, upsizing the deal by 20% of the initial target size.

Genesee

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Topics

Catastrophe bonds News Property treaty ILS managers North America
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