The target size of the dual series issuance of Sanders notes is now $1.2 billion, the largest ever from the insurer
Allstate seeks first billion $+ cat bond sponsorship | | | Allstate raises target to $1.2bn for Sanders Re III & Sanders Re IV catastrophe bonds  Allstate is now aiming to secure by far the largest amount of reinsurance limit from a single visit to the catastrophe bond market in its long-history as a sponsor, with now $1.2 billion of multi-peril protection sought from the dual issuances of Sanders Re IV Ltd. (Series 2026-1A) and Sanders Re III Ltd. (Series 2026-1B) cat bond series, Artemis can report. Meaning this could become the first billion dollar plus cat bond sponsorship from Allstate, as the company continues to place the capital markets at the heart of its reinsurance towers. 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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