Mayflower Re Ltd. (Series 2024-1)

Catastrophe bond investors continue to express their risk appetites through pricing and their demand for return, with the latest example being a pricing-up of the still $100 million Mayflower Re Ltd. (Series 2024-1) transaction from the Massachusetts Property Insurance Underwriting Association (MPIUA), Artemis can report.

The Massachusetts Property Insurance Underwriting Association (MPIUA) is back in the catastrophe bond market seeking a $100 million or greater amount of catastrophe reinsurance protection from a Mayflower Re Ltd. (Series 2024-1) transaction.