Vermont to seek $100mn from Baldwin Re deal
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Vermont to seek $100mn from Baldwin Re deal

Alex Frampton
01 June 2021
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Vermont Mutual Insurance has told investors it will seek to raise $100mn from a Baldwin Re deal in what will be the P&C insurer’s first foray into the cat bond market.

The bond is made up of one layer which will provide indemnity, per-occurrence multi-peril cover including against any named storm, earthquake, severe weather or fire event in the northeast of the US.

The

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Topics

News Catastrophe bonds Re/insurers
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Alex Frampton
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