Merna Reinsurance II Ltd, founded in 2018 and headquartered in Bermuda, operates as a specialized reinsurance provider focusing on delivering flexible and innovative risk solutions to the global insurance market. The company offers a range of services, including property and casualty reinsurance, with a commitment to addressing the evolving needs of its clients.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MERNAR 11.49% 2029-07-09 USDMerna Reinsurance II Ltd | Bermuda | 2029-07-09 | 11.493 | 0.00 |
| MERNAR 13.11% 2026-07-07 USDMerna Reinsurance II Ltd | Bermuda | 2026-07-07 | 13.113 | 11.33 |
| MERNAR 15.61% 2026-07-07 USDMerna Reinsurance II Ltd | Bermuda | 2026-07-07 | 15.613 | 13.99 |
| MERNAR 3.75% 2030-04-08 USDMerna Reinsurance II Ltd | Bermuda | 2030-04-08 | 3.750 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Merna Reinsurance II Ltd has established a robust presence in the bond market, initiating its first bond issuance in 2019. Notable issuances include a $300 million senior unsecured bond in 2021, which garnered significant interest due to its favorable yield of 4.5%, well above the industry average at the time. The company is recognized for its dual rating from leading agencies, which reflects its strong creditworthiness and stability amid changing market conditions.