Merna Re II Ltd. (Series 2021-1)

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State Farm sponsors $350m New Madrid quake Merna Re II cat bond for 2021

US primary insurance giant State Farm has again returned to the 144A catastrophe bond market for another slice of New Madrid earthquake reinsurance protection to sponsor its latest capital markets deal, a $350 million Merna Re II Ltd. (Series 2021-1) issuance. As with all recent Merna Re cat bonds sponsored by read the full article →