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International

Everest Re lifts targets for cat bonds

December 09, 2019 Reprints

Bermuda-based reinsurer Everest Re Group Ltd. has raised targets for its recently launched Kilimanjaro Re III catastrophe bond issuances, following positive investor response, Artemis reported. The reinsurer is now expecting $500 million to $800 million in retro reinsurance protection from the Kilimanjaro Re III transactions, up from the previous target of $375 million.

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Everest Re lifts targets for cat bonds

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