Citrus Re Ltd

Yet again a new catastrophe bond deal has upsized while pricing down. This time it’s Citrus Re Ltd. (Series 2014-1), sponsored by Florida Citizens takeout insurer and first time cat bond sponsor Heritage Property and Casualty Insurance Co.

A new catastrophe bond transaction has launched today. Citrus Re Ltd. (Series 2014-1) is being issued on behalf of Florida Citizens takeout insurer and first time cat bond sponsor Heritage Property and Casualty Insurance Co.