MPIUA upsizes Mayflower Re cat bond offering to $250mn
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MPIUA upsizes Mayflower Re cat bond offering to $250mn

US Currency: Wads of US bills fastened with rubber bands, close-up

The Massachusetts Property Insurance Underwriting Association (MPIUA) has upsized its target cat-bond limit from $175mn to $250mn of named storm, severe thunderstorm and winter storm coverage.

The Mayflower Re coverage will be for the Commonwealth of Massachusetts.

The bond triggers on an indemnity, annual, aggregate basis.

The

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