Everest Re’s Kilimanjaro Re 2018 cat bond target jumps to $525m
18th April 2018The target size for Bermudian reinsurance firm Everest Re’s latest catastrophe bond issuance has increased by 75%, with the reinsurer now seeking $525m of collateralized retrocessional reinsurance from the twin Kilimanjaro Re Ltd. (Series 2018-1) and Kilimanjaro Re Ltd. (Series 2018-2) transactions.
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