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Assurant to issue debut catastrophe bond Ibis Re

News 27th April 2009

U.S. specialty insurer Assurant is on the verge of closing a $150m catastrophe bond deal under the Cayman islands based special purpose vehicle Ibis Re. The deal will be Assurants first transaction in the catastrophe bond market. The deal will protect some of Assurant’s subsidiaries (including American Security Insurance Co. and American Bankers Insurance Co.) […]

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