Cape Lookout Re upsizes to $450mn as pricing narrows
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Cape Lookout Re upsizes to $450mn as pricing narrows

Pricing guidance has also been updated to between 8%-8.25%.

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The North Carolina Insurance Underwriting Association (NCIUA) Cape Lookout Re cat bond has been upsized to $450mn, after initially seeking $250mn, Insurance Insider ILS understands.

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