Casablanca Re Ltd

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Avatar’s Casablanca Re cat bond gets back to $100m at pricing

Floridian primary insurer Avatar Property and Casualty Insurance Company’s Casablanca Re Ltd. (Series 2017-1) catastrophe bond transaction is now set to complete at $100 million, as the size increased on all three tranches of notes before final pricing.The Casablanca Re 2017-1 cat bond had been targeting $100 million of fully-collateralized read the full article →

Casablanca Re cat bond shrinks to $87.7m before pricing

Floridian primary insurer Avatar Property and Casualty Insurance Company’s first catastrophe bond issuance has now shrunk slightly before final pricing, with the Casablanca Re Ltd. (Series 2017-1) transaction now set to secure $87.7 million of reinsurance coverage for the firm.The Casablanca Re 2017-1 cat bond had been targeting $100 million read the full article →