Castle Key to launch new Sanders Re cat bond
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Castle Key to launch new Sanders Re cat bond

Castle Key Insurance_Allstate.jpg

Castle Key is launching a cat bond, Sanders Re III Ltd, looking to raise in excess of $250mn in principal-at-risk variable-rate notes, this publication understands.

The reinsurer is offering $250mn in class A principal-at-risk variable rate notes, and an undetermined amount of class B notes.

Castle

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