XL Catlin lifts target for Galilei Re cat bonds to $1.275 billion
21st December 2016XL Catlin’s trip to the capital markets with twin Galilei Re Ltd. (Series 2016-1) and Galilei Re Ltd. (Series 2017-1) catastrophe bond issues will result in the largest single cat bond of 2016 and a brisk start to 2017 for the ILS market, as the company targets an upsized $1.275 billion of capacity from them.
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