Phoenix Re issues $42mn in private ILS notes
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Phoenix Re issues $42mn in private ILS notes

A new ILS vehicle has been listed on the Bermuda stock exchange raising $42.14mn of reinsurance cover. 

The identity of the cedant behind Phoenix 1 Re Pte. is unclear for now, and the vehicle could represent a collateralised reinsurance sidecar or a private ILS deal.  

The

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