US EditionAllstate expects $123m reinsurance recovery from its aggregate cat bonds - Artemis.bm
Summary by Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Al
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Allstate expects $123m reinsurance recovery from its aggregate cat bonds - Artemis.bm
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. US primary insurer Allstate has disclosed that a heavy March catastrophe loss burden means it now anticipates making $123 million of reinsurance recoveries from its aggregate tower, whose coverage is solely provided by catastrophe bonds from the Sanders Re program. Allstate reported that its estimated catastrophe losses for the month…
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