Allstate seeks $200mn of coverage for Sanders Re III cat bond
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Allstate seeks $200mn of coverage for Sanders Re III cat bond

Allstate logo storm damage.jpg

Allstate Insurance Company is seeking $200mn of coverage with a new Sanders Re III cat bond, this publication understands.

On an indemnity, per-occurrence basis, Sanders Re III Series 2024-1 will provide coverage for the District of Columbia and all US states (apart from Florida) in the event of any named storm, earthquake, severe weather event, fire, volcanic eruption...

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