Subrogation sale helps to reduce Nationwide losses by more than $190mn
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Subrogation sale helps to reduce Nationwide losses by more than $190mn

Sofia Geraghty
08 February 2019
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Nationwide Mutual has sold its subrogation rights linked to the 2018 California wildfires, with the windfall benefiting Caelus Re cat bond investors by reducing the insurer’s aggregate losses.

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Topics

NewsNationwideWildfireCatastrophe bondsRe/insurersClaims and lossesILS investors
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Sofia Geraghty
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