Canada-based TD Insurance is seeking 125 million Canadian dollars ($91 million) in annual aggregate reinsurance to cover a broader range of perils than its first catastrophe bond, Artemis has learned. The three-year indemnity-triggered reinsurance will cover named storms, earthquakes, severe convective storms, winter storms and wildfires in Canada, and would attach at CAD350 million of losses and exhaust at CAD500 million.
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