Cat bonds recover after prices plummet ahead of Irma

Sam Kerr

September 12, 2017 03:45 PM

PA- Irma weakens — September 11, 2017 - Gulf Of Mexico, United States - Tropical Storm Irma as it makes way over Georgia and into Tennessee after sweeping up the state of Florida as Category 4 Hurricane Irma as shown by the GOES-16 satellite September 11, 2017. (Credit Image: © Noaa/Planet Pix via ZUMA Wire) | Noaa/Zuma Press/PA Images

The catastrophe bond market is retracing losses this week following a steep plunge in the price of the insurance linked securities in the run up to Hurricane Irma.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login

✔ 4,000 annual insights
✔ 700+ notes and long-form analyses
✔ European securitization issuance database
✔ Daily newsletters across markets and asset classes
✔ 1 weekly securitization podcast

Topics

ABS Securitization United States Americas North America SRI

SK

Sam Kerr