Merna Re II Ltd. (Series 2021-2)

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State Farm sponsors a second, $300m Merna Re cat bond of 2021

Further demonstrating how attractive the catastrophe bond market is for sponsors right now, US primary insurance giant State Farm has returned to the 144A catastrophe bond market for its second issuance in just two months, completing a $300 million Merna Re II Ltd. (Series 2021-2) deal in recent days. As ever, read the full article →