Cape Lookout Re cat bond settles at $450m
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Cape Lookout Re cat bond settles at $450m

Emmanuel Kenning
19 February 2019
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The North Carolina Insurance Underwriting Association (NCIUA)’s first catastrophe bond since 2013 is set to complete at $450mn.

The original target size for the bond was $250mn, meaning the issuance achieved an 80 percent expansion in size.

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Emmanuel Kenning
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