Allstate aims to upsize Sanders Re II 2024-3 cat bond 43% to $500m
5th December 2024US primary insurer Allstate is now aiming to upsize its latest catastrophe bond by as much as 43%, as its target has increased to $500 million in multi-peril catastrophe reinsurance protection from the capital markets through its latest Sanders Re II Ltd. (Series 2024-3) issuance, Artemis can report.
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