Slide trims guide pricing by 5 bps on $100mn Purple Re bond
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Slide trims guide pricing by 5 bps on $100mn Purple Re bond

Samuel Casey
26 June 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Slide logo tampa.jpg

Slide Insurance Company has lowered the guided pricing range by 5 basis points to 10%-11% on its latest Purple Re cat bond, down from the initially guided 10.5%-11.5%.

The size of the bond remains unchanged at $100mn, ahead of books closing later today.

The bond will provide coverage for named storm in Florida and North Carolina and, following a reset, the initial covered area and any other states...

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsCatastrophe bonds
sam casey 2024 ii ils 2.png
Samuel Casey
Senior Reporter
Contact
Gift this article