Florida Peninsula secures 43% upsized $250m Palm Re 2025-1 cat bond at reduced pricing – Go Health Pro

Florida Peninsula secures 43% upsized 0m Palm Re 2025-1 cat bond at reduced pricing – Go Health Pro

Florida Peninsula Insurance Company has now successfully priced its latest catastrophe bond transaction, securing the 43% upsized target of $250 million of named storm reinsurance protection from the new Palm Re Ltd. (Series 2025-1) issuance, while pricing of the notes was finalised roughly 10% below the mid-point of the initial guidance range, Artemis has learned.Florida … Read more

Liberty Mutual secures $325m Mystic Re IV catastrophe bond at reduced pricing – Go Health Pro

Liberty Mutual secures 5m Mystic Re IV catastrophe bond at reduced pricing – Go Health Pro

Liberty Mutual has now secured the upsized target of $325 million of fully collateralized reinsurance protection through its new Mystic Re IV Ltd. (Series 2025-1) catastrophe bond, while the insurer benefited from high investor demand and strong cat bond execution to price the deal largely below initial guidance.Liberty Mutual Insurance came back to the cat … Read more