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PennUnion Re Ltd

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PennUnion Re cat bond grows to $275m for Amtrak

6th October 2015

According to sources the first catastrophe bond from passenger railway company Amtrak has increased in size, with the PennUnion Re Ltd. (Series 2015-1) parametric cat bond looking set to complete later this week at $275m, up 38% from its initial marketed size.

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