Lloyd’s confirms Fuchsia Re cat bond as first 144A on London Bridge
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Lloyd’s confirms Fuchsia Re cat bond as first 144A on London Bridge

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Lloyd’s has announced Beazley’s Fuchsia Re as the first 144A catastrophe bond to be issued on its risk-transformation platform London Bridge 2 PCC.

Burkhard Keese, Lloyd’s CFO, said: “This is another milestone for this strategically important risk-transformation vehicle for the Lloyd’s market and reaffirms the flexibility this vehicle has, provided by its regulatory permissions.”

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