Oak Tree Assurance looks to raise $100mn Acorn Re earthquake cover
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Oak Tree Assurance looks to raise $100mn Acorn Re earthquake cover

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Vermont captive Oak Tree Assurance is seeking to raise $100mn through an Acorn Re cat bond to provide cover against earthquakes.

The bond triggers on a parametric, per occurrence basis, covering earthquakes in California, Oregon, Utah, Nevada, and Arizona in the US.

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