Cats News
NHC hurricane Otis report suggests Fonden Class D cat bond loss shall be ~50%
The U.S. National Hurricane Center (NHC) has delivered its remaining tropical cyclone report for 2023’s hurricane Otis, placing the minimal central stress of the...
Cats News
Mexico deliberate to renew cat bond even earlier than Otis triggered it
The Government of Mexico’s disaster bond, which is now set to be triggered after main hurricane Otis final week, was already deliberate for renewal...
Cats News
Some uncertainty, however possible Otis will set off 50% Mexico cat bond loss: Twelve Capital
Specialist insurance coverage and reinsurance-linked funding supervisor Twelve Capital has highlighted some uncertainty with respect to the ultimate central strain determine that may get...
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Cats News
Excessive likelihood Mexico cat bond loss might be 50% ($62.5m) from Otis: Plenum
There is a “high probability” that holders of the $125 million Pacific hurricane tranche of the Mexican authorities’s IBRD / FONDEN 2020 disaster bond...
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