USAA’s estimate suggests all Residential Re cat bonds safe from Sandy loss
5th November 2012Insurer USAA, a regular visitor to the catastrophe bond market through their Residential Re series of deals, has released an estimated range for their ultimate net loss (UNL) from hurricane Sandy. As one of, if not the most, prolific primary insurer cat bond sponsors, the estimate will be welcomed by investors in the asset class. […]
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