UPC halves target size of Armor cat bond to $100mn
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

UPC halves target size of Armor cat bond to $100mn

Lucy Jones
10 May 2019
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn

United Insurance Holdings (UPC) will close its new Armor Re II cat bond at $100mn, half its initial target, after withdrawing a riskier layer of the deal, Trading Risk understands.

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsCatastrophe bonds
Lucy-Jones_220-180.png
Lucy Jones
Gift this article