-
The carrier is seeking ex-Florida coverage for named storm, earthquake, severe weather, fire, volcanic eruption or meteorite. -
The bond will provide Florida named storm coverage on an indemnity, per-occurrence basis.
-
The bond will provide annual aggregate coverage, based on a reported PCS personal lines industry loss.
-
The Florida insurance carrier has grown its book rapidly through acquisition.
-
This year’s transaction from the TWIA is structured so that ILS funds can roll forward their investment from the 2020 deal.
-
The catastrophe bond coverage will trigger on a parametric, per-occurrence basis.
-
The Hestia Re catastrophe bond has twice dropped its pricing from the initial guidance range of 10.5%-11.5%.
-
The catastrophe bond will provide protection for named storm, severe thunderstorm, winter storm or earthquake in eight northeastern states.
-
The bond will provide coverage for earthquakes affecting the Republic of Chile and its budget.
-
Investors have been experiencing inflows while new volumes in Q1 were lower than expected.
-
The bond from the International Bank for Reconstruction and Development (IBRD) will provide coverage for quakes, including resulting tsunamis, to the Republic of Chile.
-
The bond will trigger on a PCS weighted industry loss, annual aggregate basis.
