Merna Re II Ltd

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State Farm in $250m Merna Re II 2020-1 privately placed cat bond

U.S. primary insurance carrier State Farm has returned to the capital markets to source fully collateralised reinsurance again, sponsoring a new $250 million privately placed and issued Merna Re II Ltd. (Series 2020-1) catastrophe bond transaction. It's the fifth year in a row that State Farm has accessed capacity from insurance-linked read the full article →

$300m Merna Re II 2019 catastrophe bond issued for State Farm

U.S. primary insurance giant State Farm has once again privately syndicated and quietly issued its latest catastrophe bond, a $300 million Merna Re II Ltd. (Series 2019-1) securing the firm an expanded source of collateralized U.S. earthquake reinsurance protection. State Farm has been regularly visiting the catastrophe bond market since the read the full article →