Everglades Re II Ltd Series 2018-1


Citizens Everglades Re II 2018-1 cat bond grows to $250m at low-end of pricing

Florida’s Citizens Property Insurance Corporation's latest catastrophe bond, the Everglades Re II Ltd. (Series 2018-1) transaction, has upsized before pricing to $250 million, while the coupon has now been fixed at the low-end of initial guidance. Florida Citizens returned to the catastrophe bond market with its latest issuance a few weeks read the full article →

Everglades Re II 2018-1 cat bond pricing tightens at lower-end

The latest catastrophe bond to be sponsored by Florida’s Citizens Property Insurance Corp. looks set to achieve pricing at or below the middle of initial guidance, as indications suggest that the $200 million Everglades Re II Ltd. (Series 2018-1) will tighten at the lower-end of the launch pricing. This is the read the full article →

Citizens returns with $200m Everglades Re II 2018-1 cat bond

Florida's Citizens Property Insurance Corp. returns to the capital markets for additional reinsurance with another catastrophe bond in the Everglades Re series of transactions, Everglades Re II Ltd. (Series 2018-1). Source said Everglades Re II 2018-1 cat bond targets $200m or greater of Florida named storm reinsurance protection. The Everglades Re II read the full article →