Florida Peninsula and Edison price Palm Re cat bond at 950 bps
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Florida Peninsula and Edison price Palm Re cat bond at 950 bps

The bond will cover named storms in the state of Florida.

By Abbie Wood
April 05, 2024
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Florida Peninsula Insurance and Edison Insurance have priced their $150mn Palm Re Florida cat bond at 950 basis points (bps), the lower end of recently updated pricing guidance of 950-975 bps.

The

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