USAA offers high-risk layer in new ResRe cat bond
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USAA offers high-risk layer in new ResRe cat bond

07 November 2013
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Military mutual insurer USAA is seeking $120mn of cover from its 21st cat bond Residential Re (2013-2) including a tranche of notes that would be one of the riskiest deals ever offered on the ILS market, Trading Risk understands....

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