Mariah and Vita downgraded
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Mariah and Vita downgraded

14 July 2011
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Ratings agency Standard & Poor's (S&P) downgraded American Family Mutual's Mariah Re 2010-1 cat bond last month as the loss tally from May's Joplin tornado edged towards the $300mn maximum claim possible under the aggregate deal.

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Topics

News Catastrophe bonds July 2011/1 Casualty/GL
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