Tokio Marine & Nichido Fire lowers pricing guidance for Kizuna
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Tokio Marine & Nichido Fire lowers pricing guidance for Kizuna

The cat bond now has a pricing spread of 250-275 bps.

By Aisling Finn
March 12, 2024
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Tokio Marine logo funds finance.jpg

Tokio Marine & Nichido Fire Insurance has lowered the pricing guidance of its latest Kizuna Re cat bond to 250-275 basis points (bps), down from 275-325 bps.

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