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USAA extends $95m of Res Re 2022-1 cat bond as losses from 24/25 risk period develop - Artemis.bm
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Insurer USAA has extended the maturity dates for two tranches of its Residential Reinsurance 2022 Limited (Series 2022-1) annual aggregate catastrophe bond issuance, amounting to $95 million of notes, which we assume is to allow for continued development of losses from the April 2024 to end of March 2025 risk period. All four tranche…
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USAA extends $95m of Res Re 2022-1 cat bond as losses from 24/25 risk period develop - Artemis.bm
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Insurer USAA has extended the maturity dates for two tranches of its Residential Reinsurance 2022 Limited (Series 2022-1) annual aggregate catastrophe bond issuance, amounting to $95 million of notes, which we assume is to allow for continued development of losses from the April 2024 to end of March 2025 risk period. All four tranche…
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