Utica National secures debut Genesee Street Re cat bond 21% upsized to $150m
29th April 2025Utica National Insurance Group has now successfully priced its debut Genesee Street Re Ltd. (Series 2025-1) catastrophe bond to provide a 21% upsized $150 million in US named storm and severe thunderstorm reinsurance protection, with the spread finalised at the mid-point of guidance, Artemis understand.
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