Palomar returns with $300mn Torrey Pines cat bond
  • 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

Palomar returns with $300mn Torrey Pines cat bond

Kit Heren
02 March 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn

Palomar Insurance Holdings is returning to the cat bond market to raise a possible $300mn, according to industry sources, in a strategy shift after the company decided not to renew its debut bond last year.

At $300mn, the new Torrey Pines 2021-1 US earthquake bond would be nearly double the size of the 2017 issuance that came off risk in May 2020.

The

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
KH
Kit Heren
Gift this article