$1.2bn Merna Re ratings affirmed as maturity nears
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

$1.2bn Merna Re ratings affirmed as maturity nears

18 January 2010
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn

Fitch Ratings has affirmed the ratings on three tranches of notes and loans for State Farm's 2007 $1.2bn Merna Re cat bond, as the likelihood of a loss diminishes as the transaction moves closer to maturity in June 2010.

...

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsCatastrophe bondsJanuary 2010/1
Gift this article