Farmers Insurance Group® Closes $160 Million Multi-Year, Multi-Peril Catastrophe Bond

Byjames Johnson December 24, 2021

Post Views: 116 Farmers Insurance Exchange today announced that it and its subsidiaries and affiliates comprising the Farmers Insurance Group® (“Farmers”), have successfully closed a $160 million 144A catastrophe bond completed through Topanga Re Ltd. (“Topanga Re”). Farmers entered into a multi-year reinsurance arrangement with Topanga Re, a newly established special purpose insurer in Bermuda…

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