New Jersey Manufacturers grows Lower Ferry Re by 9% to $190mn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

New Jersey Manufacturers grows Lower Ferry Re by 9% to $190mn

Liz Bury
26 June 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
njm new jersey Manufacturers logo 2023.png

New Jersey Manufacturers Insurance Company has grown the size of its Lower Ferry Re issuance by 9% to $190mn based on an upsizing of the Class A notes, as pricing settled toward the lower end of guidance across the A and B notes.

The cat bond will provide coverage on an indemnity, per-occurrence basis for any named storm affecting New Jersey, Pennsylvania, Delaware, New York, Connecticut, Maryland or Ohio.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

Catastrophe bondsNews
Headshot template (new) (1).png
Liz Bury
Editor
Contact
Gift this article