State Farm, Citizens and Twia mull mega-bond deals equal to ~$3bn
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State Farm, Citizens and Twia mull mega-bond deals equal to ~$3bn

The mega cat bond season in Q2 last year recorded issuance of $8.2bn.

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State Farm, Florida Citizens and Texas Windstorm Insurance Assocation (Twia) are all positioning to offer mega cat bonds to the market, sized at $1.2bn-$1.5bn,

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