Power Protective Re Ltd. Series 2021-1

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Utility LADWP seeks second Power Protective Re wildfire cat bond

The Los Angeles Department of Water and Power (LADWP) has returned to the catastrophe bond market in search of its second cat bond to provide it with wildfire insurance protection, with an as yet unsized Power Protective Re Ltd. (Series 2021-1) being offered to insurance-linked securities (ILS) funds and investors. The read the full article →