Beryl-Battered Grenada Becomes 1st Country to Use Government Bond Hurricane Clause August 20, 2024 By Marc Jones Grenada has become the first country in the world to use a so-called hurricane clause in a government bond –...
The Huge Profits Investors Have Made on Catastrophe Bonds Are Raising Eyebrows August 19, 2024 By Greg Ritchie and Gautam Naik A strategy that’s delivered specialist investors huge returns is now facing scrutiny, amid concerns that its risk-reward dynamics might be...
Catastrophe Bond Issuance Is Set to Blast Through 2023 Record August 15, 2024 By Gautam Naik Issuance of catastrophe bonds is on track to exceed the record set in 2023, as a cocktail of climate change,...
Australian Pensions Industry Boosts Investments in Natural Catastrophe Reinsurance August 12, 2024 By Amy Bainbridge The risks from the growing number of natural disasters offer Australia’s largest pension funds a chance to boost returns. Colonial...
Hurricane Could Drain Florida Cat Fund’s Reserves. But That May Be OK, Report Says August 1, 2024 By William Rabb A report from Moody’s Ratings service contends that one good hurricane this year could wipe out the Florida Cat Fund’s...
Extreme Weather Sends Insured Losses 70% Above Historical Norms July 31, 2024 By Stephan Kahl Natural catastrophes caused about $62 billion of insured losses in the first half of 2024 — roughly 70% above the...
World Bank Eyes First ‘Drought’ Bond in Next 12-18 Months July 18, 2024 By Karin Strohecker and Marc Jones The World Bank is looking to issue its first drought bond in the next 12-18-months and broaden its offering of...
Catastrophe Bondholders Sidestep Large Losses From Weather-Related Calamities July 16, 2024 By Gautam Naik Last month, amid reports that Hurricane Beryl would become the earliest Category 5 hurricane in history, a group of money...
Catastrophe Bonds Dodge Losses After Beryl Hits Jamaica July 8, 2024 By Gautam Naik Investors in bonds intended to help Jamaica cover the costs of a natural catastrophe won’t be affected by the havoc...
Catastrophe Bonds Are Luring Retail Investors to High-Risk Debt June 24, 2024 By Gautam Naik There was a time when investing in catastrophe bonds was the preserve of hedge funds and other sophisticated alternative asset...