By Finance Pulse in Transformative —

Allstate Secures $650 Million Catastrophe Bond

Allstate Corp. closes a $650 million catastrophe bond deal, significantly surpassing its initial target. Explore the implications for reinsurance and natural peril coverage.

A dynamic illustration of a shield protecting a cityscape, symbolizing resilience against natural pe
Allstate Secures $650 Million Catastrophe Bond

Allstate Corp. finalized a $650 million cat-bond deal, 86% larger than the initial target.

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