Validus Re seeks $275mn-plus cat cover with Tailwind Re
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Validus Re seeks $275mn-plus cat cover with Tailwind Re

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Validus Re is looking to raise more than $275mn in named storm and earthquake catastrophe cover with a new Tailwind Re cat bond issuance in four tranches.

The cover for named storm and earthquake, as reported by PCS, is for the 50 US states, the District of Columbia, Puerto Rico, the Virgin Islands and Canada, and is triggered on an annual aggregate basis.


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