Axis Capital cyber cat bond pricing adjusted to 9.5%-10%
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Axis Capital cyber cat bond pricing adjusted to 9.5%-10%


Books for Axis Capital’s $75mn cyber cat bond are set to close today, with pricing for the instrument adjusted from 10% guidance to 9.5%-10%, this publication can reveal.

The carrier launched initial pricing for the bond in October, in what will be the first cat bond in 144A format designed to cover cyber risk.


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