Mercury raises Luca Re cat bond goal, now seeks as much as $150m California fireplace safety – Model Slux
Mercury Common Company, the California headquartered insurer, is aiming to upsize its debut 144A disaster bond market, elevating the goal to safe as a lot as $150 million in reinsurance from the Luca Re Ltd. (Sequence 2025-1) issuance to cowl wildfire and fire-following earthquake losses in its dwelling state, Artemis can report.Mercury entered the 144A … Read more
