State Farm exploring ‘mega cat bond’ issuance
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State Farm exploring ‘mega cat bond’ issuance

The carrier currently has $1.15bn of Merna Re cat bond limit on risk.

By Fiona Robertson Liz Bury Jai Singh
April 22, 2024
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State farm logo hamilton bermuda.jpg

State Farm is exploring the potential for a mega-size cat bond issuance, sources have told Insurance Insider ILS.

The specific size of the deal is not known.

State

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Catastrophe bondsNewsState Farm
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