Canada’s banking regulator is urging insurers to sell catastrophe bonds for the first time to cut the risk of natural...
catastrophe bonds News
A flood of investment capital into structures linked to insurance could lead to instability and spark a new financial crisis...
The Metropolitan Transportation Authority, which suffered $4.8 billion in damage from Superstorm Sandy last year, obtained $200 million of protection...
The Metropolitan Transportation Authority plans to use bonds designed to help New York City’s subway operator guard against storm surge...
A Florida insurance trust that provides property insurance and other products to cities around the state has issued a $20...
Florida’s state-run property reinsurance facility is preparing to issue $2 billion in revenue bonds to ensure it has enough money...
With two quarters completed in 2012, the catastrophe bond market remains robust. Insurers and reinsurers issued approximately $3.6 billion in...
Florida’s Citizens Property Insurance Corp. has entered the catastrophic bond market in a big way by issuing $750 million in...
Attractive market conditions as a result of strong investor demand resulted in a record issuance of $1 billion catastrophe bonds...