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Gallatin Point seeks $150m Marlon Florida wind cat bond to protect investment portfolio

Retrieved on: 2024-05-02 15:20:59

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Gallatin Point seeks $150m Marlon Florida wind cat bond to protect investment portfolio. View article details on hiswai:

Summary

Gallatin Point Capital is using a catastrophe bond, Marlon Ltd. (Series 2024-1), to transfer some of its Florida hurricane risk and hedge its re/insurance investment portfolio capital markets, by issuing structured finance instruments related to reinsurance and insurance-linked securities.

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