TITLE

$1.4 billion in CAT Bonds Placed on Negative Watch

AUTHOR(S)
O'Connor, Colleen Marie
PUB. DATE
June 2006
SOURCE
Investment Dealers' Digest;6/12/2006, Vol. 72 Issue 23, p28
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that traders and investors in the market for catastrophe bonds, high-yield instruments that allow insurers to transfer some of the risk of catastrophic events, are watching weather predictions closely as the hurricane season in the U.S. begins. Two of three agencies that model catastrophe risk have already predicted that hurricanes this year might be more destructive than initially forecasted.
ACCESSION #
21258647

 

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