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Loma Reinsurance (Bermuda) Ltd. (Series 2013-1)


Argo extends $65m Loma Re Class C notes, allows others to mature

10th January 2018

Insurance and reinsurance firm Argo Group has extended maturity of the $65 million Class C tranche of notes from its Loma Reinsurance (Bermuda) Ltd. (Series 2013-1) multi-peril catastrophe bond to allow for losses to be finalised, but has allowed the other two tranches to mature showing that they are safe from losses now.

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