Gallatin Level seeks $150m Marlon Florida wind cat bond to guard funding portfolio

An fascinating new disaster bond transaction has come to mild, as we’ve realized personal funding agency Gallatin Level Capital LLC is to change into the beneficiary of a cat bond to switch some Florida hurricane danger from its funding portfolio, with a $150 million goal for the Marlon Ltd. (Sequence 2024-1) issuance.Gallatin Level is a … Read more