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...
Atlantic Hurricane Season Could Intensify in Coming Weeks, Meteorologists Say August 28, 2024 By Ezra Amacher AccuWeather meteorologists are warning that the Atlantic hurricane season could intensify in the coming weeks as less wind shear and...
Remnants of Hurricane Ernesto Trigger Wind and Rain Warnings in Scotland August 22, 2024 By Dylan Griffiths, Eamon Akil Farhat and Paul Tugwell Yellow weather warnings are in place for Scotland on Thursday, as the remnants of Hurricane Ernesto bring strong winds and...
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...
Ernesto Becomes Category 2 Hurricane as It Heads to Bermuda August 16, 2024 By Will Wade Ernesto strengthened into a Category 2 hurricane as it plowed northward toward Bermuda, threatening to drench the British territory with...
Hurricane Ernesto Threatens Bermuda, Leaves Puerto Rico in Dark August 15, 2024 By Michelle Ma and Josh Saul Hurricane Ernesto took aim at Bermuda as almost half of Puerto Rico remained without power in the storm’s wake, the...
High Condo Premiums a Top Issue in Hawaii Legislative Races July 17, 2024 By Stewart Yerton Jillian Anderson was planning to make fighting crime in Waikiki the top issue in her campaign for a seat in...
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...
A Troubling Phrase: ‘Just a Category 1 Hurricane’ July 15, 2024 By Brendan Farrington Here’s a troubling phrase hurricane forecasters hate but often hear: “It’s just a Category 1. Nothing to worry about.” Or...