Broker-dealers have revised up the projected spread on the latest $100mn MetroCat Re cat bond by 11 percent as the New York Metropolitan Transportation Authority (MTA) seeks to renew its reinsurance cover.
Broker-dealers have revised up the projected spread on the latest $100mn MetroCat Re cat bond by 11 percent as the New York Metropolitan Transportation Authority (MTA) seeks to renew its reinsurance cover.