Korean Re prices $75mn Solomon Re cat bond at 5.25%
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Korean Re prices $75mn Solomon Re cat bond at 5.25%

Abbie Day
13 June 2023
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Korean Re has priced its Solomon Re cat bond at 5.25%, the lower edge of its guidance of 5.25%-6%, this publication understands.

The bond, fronted by Hannover Re, will provide cover for territory-weighted insured industry losses on a per-occurrence basis for US named storm and earthquake events, as reported by PCS.

The

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News Catastrophe bonds Hannover Re
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