The $20mn class C layer of Safepoint's Manatee Re 2016-1 cat bond looks to have triggered following the insurer's release of an events report which put Irma-induced losses at $100mn.
The $20mn class C layer of Safepoint's Manatee Re 2016-1 cat bond looks to have triggered following the insurer's release of an events report which put Irma-induced losses at $100mn.