Pelican IV Re Ltd. Series 2017-1

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Pelican IV Re cat bond to price at low end of reduced guidance

Louisiana Citizens Property Insurance Corporation's latest catastrophe bond, the $100 million Pelican IV Re Ltd. (Series 2017-1) transaction, is set to achieve pricing at the bottom end of already reduced guidance, reflecting a 25% drop in the coupon during marketing.The Pelican IV Re 2017 cat bond sees Louisiana Citizens looking read the full article →

Pelican IV Re cat bond pricing drops below guidance for LA Citizens

Coupon price guidance for the new $100 million Pelican IV Re Ltd. (Series 2017-1) catastrophe bond, which is sponsored by Louisiana Citizens Property Insurance Corporation, has been lowered to below the launch level, as cat bond investors continue to demonstrate their appetite for new issues.Almost every tranche of catastrophe bond read the full article →

$100m Pelican IV Re cat bond launched for Louisiana Citizens

Louisiana Citizens Property Insurance Corporation is returning to the catastrophe bond market in 2017, with a $100 million Pelican IV Re Ltd. (Series 2017-1) transaction covering named storm risks across a three-year reinsurance term.The residual market property insurer first visited the cat bond market back in 2012 with a $125 read the full article →