North Carolina Farm Bureau seeks $250mn from Blue Ridge Re cat bond
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North Carolina Farm Bureau seeks $250mn from Blue Ridge Re cat bond

Jai Singh
30 October 2023
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Farm Bureau Insurance logo.jpg

North Carolina Farm Bureau (NCFB) has launched a new $250mn cat bond, Blue Ridge Re, this publication understands.

This will be the first cat bond issued by NCFB, according to Trading Risk’s tracker.

The cat bond, fronted by Hannover Re, will provide coverage for any named storm event in North Carolina.

The

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