Merna Re Ltd. (Series 2016-1)

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State Farm completes private $300m Merna Re cat bond renewal

U.S. primary insurer State Farm has confirmed its commitment to sourcing reinsurance through the ILS market with a privately placed renewal of a maturing catastrophe in the form of a Merna Re Ltd. (Series 2016-1) transaction.The Merna Re 2016-1 cat bond transaction has been privately marketed to a select group read the full article →