State Farm lists two Merna Re cat bonds worth $500mn combined
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State Farm lists two Merna Re cat bonds worth $500mn combined

Martha Muir
24 June 2022
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State farm logo hamilton bermuda.jpg

State Farm has listed two Merna Re II private cat bonds, 2022-2 and 2022-3, worth a combined $500mn.

The former is sized at $200mn, and the latter $300mn, both mature in July 2025.

The latest deals were listed on the Bermuda Stock Exchange.

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Martha Muir
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