Florida Citizens’ Everglades Re notes price 2.6% below midpoint of guidance
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Florida Citizens’ Everglades Re notes price 2.6% below midpoint of guidance

The deal will provide named Florida storm protection on an indemnity, per occurrence basis.

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Florida Citizens has upsized its Everglades Re cat bond by 56.4%, securing $1.525bn of limit for the ‘mega bond.’

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