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Merna Re V cat bond prices down, offers lowest quake yield ever

The price guidance on U.S. primary insurer State Farm's $300m Merna Re V Ltd. U.S. earthquake catastrophe bond has dropped to the low-end of the marketed range, Artemis understands, making it the lowest coupon for a U.S. quake cat bond ever.With Merna Re V providing protection for a very similar layer read the full article →

State Farm back with Merna Re V Ltd. U.S. quake catastrophe bond

U.S. primary insurer and regular insurance-linked securities sponsor State Farm is returning to the catastrophe bond market with its fifth Merna Re branded issuance, a $300m Merna Re V Ltd. U.S. earthquake cat bond.As soon as Artemis arrived in New York for the SIFMA Insurance and Risk Linked Securities conference this read the full article →