Gator Re exceeds trigger by $20mn

American Strategic Insurance has told investors that 2016 storm
losses covered by its Gator Re cat bond have reached $195mn,
surpassing the bond's $175mn trigger point, sister title
Trading Risk understands.
The most recent loss report put claims at $195.2mn at the end of
November.
By the end of July, covered losses had reached $148.6mn. That
figure had risen to between $164mn and $165mn at the end of
September.
American Strategic took significant losses earlier this year
from several severe...