merna reinsurance iii ltd


$250m Merna Re III Ltd. catastrophe bond was issued in June

When we said back in July that a Merna Reinsurance III Ltd. catastrophe bond issuance was likely, what we of course meant was that it had already been issued... It transpires that the formation of Merna Reinsurance III Ltd. as a licensed entity in Bermuda was for a very specific, read the full article →

Merna Reinsurance III Ltd. catastrophe bond likely

It looks like we will see a third transaction from State Farm in the Merna Reinsurance series of catastrophe bond deals. Merna Re, the first deal was issued in June 2007 and Merna Re II was issued in April 2010. That sets the scene for a deal every three years  read the full article →