Cash-Flush Florida Tries to Buy Back Its Bonds for First Time October 23, 2024 Florida bond investors are about to have an unusual decision to make — whether to sell their debt back to...
South Africa Mulls Rules for Catastrophe Bonds, Climate Cover October 21, 2024 By Antony Sguazzin South Africa’s National Treasury is exploring regulations to encourage the use of financial instruments to tackle climate change, including catastrophe...
Catastrophe Bonds Dodge Worst-Case Scenario After Milton October 10, 2024 By Gautam Naik After fearing the worst from Hurricane Milton, investors in catastrophe bonds appear to have sustained losses well below those predicted...
Hedge Fund Fermat Says Returns Took a Hit Amid Catastrophe Bond Selloff August 29, 2024 By Gautam Naik Fermat Capital Management, one of the world’s biggest investors in catastrophe bonds, says anxiety about this year’s hurricane season has...
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...