It is the largest amount of reinsurance limit Allstate has ever secured from the cat bond market in a single visit
Allstate secures $1.2bn Sanders Re cat bonds | | | Allstate secures $1.2bn reinsurance with new Sanders Re cat bonds, its largest placement ever  Allstate has now successfully priced its new catastrophe bonds to provide the largest amount of reinsurance limit it has ever secured in a single visit to the market, with $1.2 billion of multi-peril reinsurance confirmed from the dual issuances of Sanders Re IV Ltd. (Series 2026-1A) and Sanders Re III Ltd. (Series 2026-1B) cat bond series. Clearly Allstate found catastrophe bond market pricing attractive this year and the size of its new issues, as well as their duration that layers long-term funding through its reinsurance tower, should send a strong signal to other potential cat bond sponsors that the market is open for business and continues to fire on all cylinders. 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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