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Pricing on Scor's cat bond settles

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Pricing on Scor's cat bond settles

Pricing on French reinsurer Scor SE's catastrophe bond has settled at the low end of the 6% to 6.5% range, Artemis reported.

Atlas Capital UK 2018 PLC (series 2018 ISPV 1) provides retrocessional reinsurance protection across a four-year term, covering the company against losses from U.S. named storm, U.S. and Canada earthquake and European windstorm risks.