Allstate further increases target size of Sanders Re bond to $400mn
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Allstate further increases target size of Sanders Re bond to $400mn

Abbie Wood
12 January 2024
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Allstate has further updated the targeted size of its latest Sanders Re cat bond to $400mn, from its last update of $300mn-$350mn, this publication understands.

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%,

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