Earlier today, this publication reported that as well as increasing the targeted size to $300mn-$350mn from $200mn, the insurer updated the spread on the cat bond, which has settled at 5.75%,
Allstate further increases target size of Sanders Re bond to $400mn
![allstate logo cat split.jpg](https://assets.euromoneydigital.com/dims4/default/00ebe6f/2147483647/strip/true/crop/836x473+0+0/resize/840x475!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fa3%2F15%2Fbe37477a489eb566ceda0287e419%2Fallstate-logo-cat-split.jpg)