Conduit Re updates pricing on $100mn Stabilitas Re wind and quake cat bond
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Conduit Re updates pricing on $100mn Stabilitas Re wind and quake cat bond

Samuel Casey
06 June 2023
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Conduit Re has lowered the pricing guidance on its debut cat bond Stabilitas Re by around 7% at the midpoint to 8.5%-9%, this publication understands.

The sponsor is seeking $100mn of wind and quake coverage for the US and District of Columbia.

The coverage is annual, aggregate, triggered by territory-weighted industry loss as reported by PCS.

The

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Samuel Casey
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