The Massachusetts Property Insurance Underwriting Association (MPIUA) has increased the size of its Cranberry Re 2017-1 cat bond by a further $50mn to $350mn – a 40 percent increase on the $250mn originally sought.
The Massachusetts Property Insurance Underwriting Association (MPIUA) has increased the size of its Cranberry Re 2017-1 cat bond by a further $50mn to $350mn – a 40 percent increase on the $250mn originally sought.