Tokio Marine, Sompo progress cat bonds
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Tokio Marine, Sompo progress cat bonds

Fiona Robertson
23 March 2021
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Tokio Marine and Sompo are both progressing with plans to add new cat bond cover to their reinsurance programmes as pricing on the deals fell below their initial targets.

Tokio Marine will raise its targeted $150mn of aggregate reinsurance cover for its Kizuna Re cat bond, with pricing tumbling 16% during the marketing process, Trading Risk understands.

The

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NewsCatastrophe bondsSompo Holdings
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