US Coastal secures $330m in US named storm reinsurance with first cat bond
Reinsurance News - May 30, 2025
US Coastal Insurance Company (USCIC) and US Coastal Property and Casualty Insurance Company (USCPC)—together known as US Coastal—have sponsored a debut catastrophe bond, securing $330 million in US named storm reinsurance through its Chartwell Re Ltd. (Series 2025-1) issuance. The cat bond provides...
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