Florida Citizens seeks $850mn in cat bond limit across six Everglades Re tranches
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Florida Citizens seeks $850mn in cat bond limit across six Everglades Re tranches

The coverage will be indemnity, annual aggregate for Florida named storm.

By Jai Singh
April 22, 2024
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Citizens logo Tallahassee Florida.jpg

Florida Citizens is targeting $850mn of Florida named storm coverage with an Everglades Re II transaction that is split into three tranches of notes across each of two series, Insurance Insider ILS understands.

Everglades

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Catastrophe bondsNewsFlorida
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