Merna Re IV

U.S. primary insurer State Farm’s latest catastrophe bond has seemingly been successful and has upsized during the marketing phase and pricing has dropped to the lower end of the suggested range. Merna Re IV Ltd. sees sponsor State Farm seeking a new source of earthquake reinsurance protection from the capital markets via a cat bond […]

We now have some more details on the latest catastrophe bond to come to market which sees sponsor State Farm seeking a new source of earthquake reinsurance protection from the capital markets via a cat bond issuance. It’s the fourth time that State Farm has gone to the cat bond market for cover directly, although […]