Pelican Re catastrophe bond is safe from hurricane Isaac: Louisiana Citizens
3rd September 2012One of the unknowns that we have been left to ponder after hurricane Isaac’s assault on Louisiana and the surrounding states is the fate, or otherwise, of the Pelican Re Ltd. (Series 2012-1) catastrophe bond. Pelican Re, issued in April 2012, provides the Louisiana state property insurer of last resort, Louisiana Citizens, with a source […]
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