Two Merna Re SPI’s registered in Bermuda, probably for State Farm – Model Slux
Two new restricted particular goal insurers (SPI) utilizing the Merna Re title had been registered in Bermuda in April. With these restricted SPI’s sometimes used as insurance-linked securities (ILS) issuers, particularly for disaster bonds, the Merna Re title suggests these are probably for US major insurance coverage big State Farm.The 2 restricted SPI’s had been … Read more
