Heritage Insurance Holdings, Inc. has now priced its latest catastrophe bond, securing the upsized target of $235 million of reinsurance protection from the Citrus Re Ltd. (Series 2023-1) named storm deal.
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Heritage Insurance Holdings, Inc. is looking to expand its new catastrophe bond, with the target for the Citrus Re Ltd. (Series 2023-1) deal now lifted to as much as $235 million.
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Nationally expansive and Florida headquartered property and casualty insurer Heritage Insurance Holdings, Inc. has returned to the catastrophe bond market with a Citrus Re Ltd. (Series 2023-1) deal, seeking $180 million or more in named storm reinsurance protection from the capital markets.
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