Negative outlook for Top Layer sidecar
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Negative outlook for Top Layer sidecar

12 March 2009
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Ratings agency Standard & Poor's (S&P) has posted a negative outlook on State Farm and RenRe's $100mn joint venture sidecar-style transaction Top Layer Re, on the back of a recent action on State Farm.

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Topics

AnalysisCatastrophe bondsMarch 2009/1ILS investors
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