The convergence market has provided an opportunity for entities that act as insurers of last resort to transfer some of...
catastrophe bond News
The Metropolitan Transportation Authority, which suffered $4.8 billion in damage from Superstorm Sandy last year, obtained $200 million of protection...
Towers Watson Capital Markets Inc., a subsidiary of global professional services company Towers Watson, announced it recently arranged a private...
The Metropolitan Transportation Authority plans to use bonds designed to help New York City’s subway operator guard against storm surge...