Pure’s Ashera Re priced at lower end of guidance
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Pure’s Ashera Re priced at lower end of guidance

The carrier has priced the Class A tranche at 500 bps.

By Abbie Wood
March 22, 2024
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Privilege Underwriters Reciprocal Exchange (Pure) has priced its Ashera Re cat bond, Insurance Insider ILS understands.

The Class A tranche has been priced at 500 basis points (bps), at the lower end of the recently updated guidance of 5%-5.25%.

The

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