All material subject to strictly enforced copyright laws. © 2021 Euromoney Institutional Investor PLC group
SRI

California wildfire blindsides cat bondholders

CampFire2_PA_230x150

The frequency of devastating wildfires has rocketed in California over the past two years. Camp Fire, still burning through California, looks set to wipe out a catastrophe bond, leading to sharp questions about how to model and price an emergent risk to companies, buildings and people when this is bundled out to the capital markets.

Unlock this article.

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

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree