Citizens increases Everglades Re target size for a second time
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Citizens increases Everglades Re target size for a second time

Aisling Finn
17 May 2023
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Citizens logo Tallahassee Florida.jpg

Florida Citizens has increased the target limit on its latest Everglades Re cat bond up to $775mn.

The reinsurer initially sought $200mn for the cat bond, before increasing its target limit by 200%, to up to $600mn.

The

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