Merna Re Ltd. (Series 2017-1)


State Farm secures $300m of quake cover with Merna Re 2017-1 cat bond

State Farm has again secured its latest catastrophe bond coverage through a privately placed issuance of a $300 million Merna Re Ltd. (Series 2017-1) transaction, securing a renewed source of earthquake reinsurance protection from the capital markets. We're told that this eighth Merna Re cat bond issuance sponsored by U.S. primary read the full article →