Hiscox increases Ocelot Re bond by 25% to $125mn
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Hiscox increases Ocelot Re bond by 25% to $125mn


Hiscox has increased the amount it is seeking for its Ocelot Re cat bond by 25% to $125mn, while the spread guidance has moved down to 7.75%-8.25%.

The ILS manager had initially sought $100mn of coverage against named storms and earthquakes in the 50 US states, Puerto Rico, the US Virgin Islands, the District of Columbia and all provinces and territories of Canada at a spread...

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