Allstate extends top of catastrophe reinsurance tower to all-time high of $7bn
Reinsurance News - Mar 02, 2023
U.S. primary insurer Allstate has raised the top of its Nationwide Excess Catastrophe Reinsurance Program tower to a record high of $7 billion after the placement of a new $100 million catastrophe bond transaction. At this level, it’s the highest amount of reinsurance protection that the insur...
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