Florida Citizens has now lifted the top-end target for its new cat bond to $1.525 billion
Citizens could sponsor largest cat bond ever | | | Florida Citizens targets largest cat bond ever, with now up to $1.525bn Everglades Re II  Florida's Citizens Property Insurance Corporation is now targeting what could become the largest catastrophe bond issuance ever, as its target has lifted to between $1.4 billion and $1.525 billion of reinsurance from the new Everglades Re II Ltd. (Series 2025-1) issuance. Just five catastrophe bond issuances have eclipsed the billion dollar mark before and now Florida Citizens is set to secure at least the joint-second largest ever, perhaps beating its own record and making this 2025-1 cat bond the biggest we've ever analysed and tracked in our Deal Directory. Read the full story. Other articles: | | | | | | Please share this with colleagues and friends if you think they would like to receive it.
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