Lloyd's insurer Icat Syndicate 4242 is set to close its Buffalo Re cat bond at $164.5mn as pricing on the deal dropped as much as 10 percent below original targets, Trading Risk understands.
Lloyd's insurer Icat Syndicate 4242 is set to close its Buffalo Re cat bond at $164.5mn as pricing on the deal dropped as much as 10 percent below original targets, Trading Risk understands.