Slide prices Purple Re cat bond upsized by 40%, for $210m of reinsurance
Full-stack homeowners property insurtech Slide has now priced its latest catastrophe bond, securing the 40% upsized target so that the Purple Re Ltd. (Series 2024-1) transaction will provide the company with $210 million of named storm reinsurance. It…
Full-stack homeowners property insurtech Slide has now priced its latest catastrophe bond, securing the 40% upsized target so that the Purple Re Ltd. (Series 2024-1) transaction will provide the company with $210 million of named storm reinsurance.
No comments:
Post a Comment