Palomar raises Torrey Pines Re 2025-1 cat bond target to as much as $525m - Artemis.bm
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1 Articles
Palomar raises Torrey Pines Re 2025-1 cat bond target to as much as $525m - Artemis.bm
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Palomar Insurance Holdings has raised the target size for its new Torrey Pines Re Ltd. (Series 2025-1) catastrophe bond issuance, with now as much as $525 million of California earthquake reinsurance limit being sought from the capital markets through this deal. That’s an almost 24% increase from the initial target to secure $425 mil…
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