Tower Hill secures Winston Re cat bond up 100% at $400m, with reduced pricing
14th February 2024Florida homeowner and commercial property insurance underwriter, the Tower Hill Insurance Exchange, has now secured the targeted doubling in size for its debut Winston Re Ltd. (Series 2024-1) catastrophe bond, with the issuance set to complete at the upper-end target of $400 million, while pricing proved to be below the initial mid-point of guidance.
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