$1.4 billion in CAT Bonds Placed on Negative Watch

O'Connor, Colleen Marie
June 2006
Investment Dealers' Digest;6/12/2006, Vol. 72 Issue 23, p28
Trade Publication
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.


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