Liberty Mutual places $300mn of Mystic Re limit with a spread of 12%
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Liberty Mutual places $300mn of Mystic Re limit with a spread of 12%

Liz Bury
12 December 2023
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Pricing has settled at 12% on Liberty Mutual’s cat bond Mystic Re, the lower edge of updated guidance, as it upsized to $300mn.

The final price equates to a multiplier of 2.2x on the expected loss of 5.46% on the sensitivity case.

Liberty

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