Everest Re to renew $650mn Kilimanjaro Re cat bond
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Everest Re to renew $650mn Kilimanjaro Re cat bond

Fiona Robertson
06 April 2021
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Everest Re is set to partially replace one of its maturing cat bonds with a new $650mn Kilimanjaro Re transaction, Trading Risk understands. 

As marketing of the deal continues, the reinsurer has been able to push the target insurance coupon below its initial expectations, in line with a first-quarter trend.

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