Allied Trust gets $100m Sabine Re cat bond priced, but settlement falls into April
26th March 2024First-time catastrophe bond sponsor Allied Trust Insurance Company has now secured the targeted $100 million in fully-collateralized reinsurance from its debut Sabine Re Ltd. (Series 2024-1) catastrophe bond issuance, but settlement of the deal has been pushed back slightly into April, Artemis has learned.
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