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Long Point Re III Ltd Series 2018-1

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Travelers returns with $300m Long Point Re III 2018-1 cat bond

2nd May 2018

U.S. property & casualty insurance giant Travelers is returning to the capital markets with a new $300 million Long Point Re III Ltd. (Series 2018-1) multi-peril catastrophe bond transaction, the insurers first in three years and a transaction that will renew, replace and extend the reinsurance coverage from its maturing 2015 cat bond deal.

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