Conduit Re seeks $100mn wind and quake cover with Stabilitas Re bond
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Conduit Re seeks $100mn wind and quake cover with Stabilitas Re bond

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Conduit Re is looking to raise $100mn of named storm and earthquake limit with new bond Stabilitas Re as it enters the cat bond market for the first time, this publication understands.

The coverage is annual aggregate for named storm and quake in the US and District of Columbia, triggered by territory-weighted industry loss as reported by PCS.

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