Spinnaker updates Mountain Re cat bond target to $110mn
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Spinnaker updates Mountain Re cat bond target to $110mn

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Spinnaker Insurance Company has updated its Mountain Re cat bond to target to $110mn, Trading Risk understands.

Initially, Spinnaker Insurance Company launched the cat bond as a $100mn cat bond via its issuer Mountain Re, at price guidance of 6.00%-6.75%.

The...

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