MPIUAMassachusetts Property Insurance Underwriting Association
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This rating is sensitive to the occurrence of a qualifying event(s), MPIUA's election to reset the note's attachment level, changes in the data quality or purpose of MPIUA, the counterparty rating of Hannover Rueck SE and the rating on the assets held in the collateral account.
In the event of a reset election by MPIUA for the third and final risk period, the rating would not change if the attachment probability reached the Minimum Attachment Level of 4.00%.