AXA gets upsized €150m Eiffel Re cat bond priced at low-end of guidance
26th June 2023Global insurance and reinsurance group AXA has now finalised its new Eiffel Re Ltd. (Series 2023-1) catastrophe bond issuance to provide the upsized target of €150 million of European windstorm reinsurance protection, while the notes were priced at the low-end of initial spread guidance, we’ve learned.
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