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The bond is likely replacing the 2021-1 Class F bond, which matured in December.
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AuM remains generally flat at UCITS funds over the weeks since LA fires started.
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The bond will provide coverage for named storms in North Carolina.
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American Integrity is seeking expanded limit on more favourable terms.
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Tower Hill secured $400mn of Winston Re limit in 2024.
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The sponsor secured $100mn limit last year, paying a multiple of 8.3x.
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The carrier has recognised two separate losses for the Palisades and Eaton fires.
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Capital inflows, notably into UCITS funds, and accumulated returns supported issuance of $17.2bn in 2024.
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The deal priced below guidance for the Class A and Class B tranches.
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The carrier previously raised $125mn via an Ocelot Re cat bond in 2023.
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The Integrity Re bond is structured into five tranches.
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The deal has upsized by around 64% compared with the initial target.