UPC withdraws Armor Re II cat bond as investors hold pricing line
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UPC withdraws Armor Re II cat bond as investors hold pricing line

Suliman Mulhem
18 March 2020
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United Insurance Holdings (UPC) has withdrawn its Armor Re II cat bond after the carrier failed to secure sufficient investor interest for the transaction, in a sign of a line being drawn for Florida top-layer reinsurance pricing expectations, sources...

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