California utility LADWP returns for fourth wildfire cat bond, $100m 123 Lights Re
25th June 2026The Los Angeles Department of Water and Power (LADWP) is back in the catastrophe bond market for its fourth deal sponsorship, seeking up to $100 million of California wildfire protection from a 123 Lights Re Ltd. (Series 2026-1) offering, Artemis can report.
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