Allstate targets at least $225mn of ex-Florida multi-peril coverage
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Allstate targets at least $225mn of ex-Florida multi-peril coverage

Allstate headquarters northbrook.jpg

Allstate is targeting at least $225mn of cover for named storm, earthquake, severe weather, fire, volcanic eruption or meteorite across the United States and District of Columbia, except Florida.

The latest Sanders Re cat bond is offering $100mn of Class A notes, $125mn of Class B notes and a zero-coupon Class C layer to cover Allstate’s personal lines property and auto business.


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