Louisiana Citizens returns for $225m Bayou Re 2024-1 catastrophe bond
Louisiana Citizens Property Insurance Corporation, the non-profit residential and commercial property insurer for those who cannot access private market insurance in the state, has returned to the catastrophe bond market aiming to secure $225 million of …
Louisiana Citizens Property Insurance Corporation, the non-profit residential and commercial property insurer for those who cannot access private market insurance in the state, has returned to the catastrophe bond market aiming to secure $225 million of collateralized named storm reinsurance through a Bayou Re Ltd. (Series 2024-1) issuance.
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