A rare thing is about to happen in the $55 billion market for catastrophe bonds: a trigger event will wipe...
Articles by Gautam Naik
Investors in Jamaica’s catastrophe bond now face a 100% payout after Hurricane Melissa set off a full trigger event, according...
Jamaica’s catastrophe bond has now triggered as a result of the fallout from Hurricane Melissa, the government said. “Over the...
Investors in Jamaica’s catastrophe bond now face a full trigger event that would force payment of the entire $150 million...
Europe may soon get its first exchange-traded fund based on catastrophe bonds. An application to register the ETF was filed...
Investors in a catastrophe bond tied to Jamaica look set to experience a trigger event as Hurricane Melissa barrels toward...
The seemingly unstoppable rise of catastrophe bonds may now be eroding the market share of reinsurers. After years of raising...
Asset managers with sizable holdings of catastrophe bonds are watching to see how a recent recommendation by Europe’s markets watchdog...
As natural catastrophes become more frequent and destructive, a key backstop intended to help cover losses has gotten harder to...
When Hurricane Katrina slammed into New Orleans in August 2005, causing greater insurance losses than any other natural disaster in...