Thanks to turmoil in the insurance market and a repricing of risk, catastrophe bonds are earning more while covering more remote events.
Thanks to turmoil in the insurance market and a repricing of risk, catastrophe bonds are earning more while covering more remote events
Debris left after Hurricane Ian in Fort Myers Beach, Fla., last year. For the insurance industry, the storm was the second-costliest ever to hit the U.S.How much would you need to be paid to cover the risk of the next massive hurricane or earthquake? Investors in the insurance market have a new answer: Way more than they were before.Continue reading your article with
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