Louisiana Citizens seeking $150mn with new Bayou Re cat bond

25 April 2023

Louisiana Citizens Property Insurance Corporation is looking to raise $150mn of cover for any named storm in Louisiana.

The bond, Bayou Re, is offered in two tranches with $100mn of Class A notes and a further $50mn of Class B notes.

The

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Topics

Catastrophe losses News Catastrophe bonds Property

Aisling Finn