The Massachusetts Property Insurance Underwriting Association (MPIUA) is looking to raise $200mn of reinsurance cover through the Cranberry Re cat bond, which will be issued on its behalf by Hannover Re, Trading Risk understands.
The Massachusetts Property Insurance Underwriting Association (MPIUA) is looking to raise $200mn of reinsurance cover through the Cranberry Re cat bond, which will be issued on its behalf by Hannover Re, Trading Risk understands.