The Massachusetts Property Insurance Underwriting Association (MPIUA) has now successfully secured its targeted $150 million of multi-peril aggregate reinsurance protection through the Mayflower Re Ltd. (Series 2026-1) catastrophe bond, with both tranches of notes pricing below their initial guidance ranges, sources have told Artemis.
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Price guidance has been lowered again for the latest catastrophe bond for the Massachusetts Property Insurance Underwriting Association (MPIUA), with the range of spreads on offer reduced a second time for both tranches of the $150 million Mayflower Re Ltd. (Series 2026-1) issuance, Artemis understands.
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The Massachusetts Property Insurance Underwriting Association (MPIUA) is now seeking lower pricing for its latest catastrophe bond, while the target remains to secure $150 million or more in multi-peril aggregate reinsurance protection through the Mayflower Re Ltd. (Series 2026-1) issuance, Artemis has learned.
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The Massachusetts Property Insurance Underwriting Association (MPIUA) has returned to the catastrophe bond market with an initial target to secure $150 million or more in multi-peril aggregate reinsurance protection through this new Mayflower Re Ltd. (Series 2026-1) issuance, our sources have explained.
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