Personal Insurance

Slide's recent $320m Purple Re cat bond cost risk-adjusted down 20%+ YoY: CEO Lucas

Bruce Lucas, the CEO of Slide Insurance Company, said today that the firm’s new $320 million catastrophe bond came in with risk-adjusted pricing that was down more than 20% year-on-year, while his company expects to benefit from more reinsurance synergies as it has ambitious expansion plans.As we reported, Slide secured its largest catastrophe bond sponsorship yet this month, finalising the new Purple Re deal to provide a 28% upsized,.. Read More

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