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A dozen states are expected to see insurance claims of $100mn or more. -
The World Health Organization calls the arrival of Ebola in an urban area “very concerning” although no deaths have been confirmed.
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This transaction is the 16th Dodeka issuance from the investment manager.
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Travelers will make significant savings on the deal compared to its existing cat bond covers.
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The Florida carrier launches its two-tranche 2018-1 to cover named storms.
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The US insurer’s latest cat bond will be its largest since 2009.
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The European reinsurer's new cat bond includes European windstorm risk for the first time.
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The alternative investment specialist has set up a new interval fund to invest in quota shares and other reinsurance instruments.
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The Texan insurer of last resort has increased its Hurricane Harvey loss estimate by 11 percent since January, as it moves to secure more reinsurance.
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The deal could become the insurer’s largest cat bond to date.
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The Texas Windstorm Insurance Association is offering an initial spread guidance of 350-400 basis points for the single-tranche class A notes.
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A busy month of US wind issuance in the cat bond market has highlighted a quick return to pre-Harvey, Irma and Maria (HIM) pricing levels following last year’s losses.
