State Farm has renewed its $300mn Merna Re cat bond in a club transaction, Trading Risk understands.
The insurer was able to renew its maturing 2014 cat bond at the lower spread of 200 basis points (bps) that it...
State Farm has renewed its $300mn Merna Re cat bond in a club transaction, Trading Risk understands.
The insurer was able to renew its maturing 2014 cat bond at the lower spread of 200 basis points (bps) that it...