GeoVera Insurance Holdings, Ltd., an earthquake-focused residential property insurer, has now secured a 75% upsized $175 million in US earthquake reinsurance from its new Veraison Re Ltd. (Series 2024-1) catastrophe bond issuance, while the pricing was finalised 10% below the mid-point of initial guidance.
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GeoVera Insurance Holdings, Ltd., a specialty earthquake-focused residential property insurance company, is now aiming to secure an upsized $175 million or more in US earthquake reinsurance via its new Veraison Re Ltd. (Series 2024-1) catastrophe bond issuance.
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GeoVera Insurance Holdings, Ltd., a specialty earthquake-focused residential property insurance company, is back in the catastrophe bond market for the second time, seeking $100 million or more in US earthquake reinsurance via a Veraison Re Ltd. (Series 2024-1) cat bond issuance.
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