Manatee Re Ltd. (Series 2015-1)

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Safepoint sponsoring first cat bond, $75m Manatee Re 2015-1

Florida takeout (or depopulation) insurer Safepoint Insurance Company is entering the catastrophe bond market for the first time to sponsor Manatee Re Ltd. (Series 2015-1), a $75m Florida named storm cat bond.Safepoint is not the first of the Florida start-up insurance companies to look to the capital markets very quickly read the full article →