Allstate’s Sanders Re catastrophe bond completes and lists in Bermuda
7th May 2013U.S. primary insurer Allstate’s latest catastrophe bond deal, Sanders Re Ltd. (Series 2013-1), has now completed and the first risk period has begun. With Sanders Re 2013 Allstate has secured itself a new $350m layer of capital market backed fully-collateralized reinsurance protection for covered U.S. hurricanes and earthquakes, including fire following, on an industry loss […]
Read the full article