Wednesday, May 15, 2024
Wednesday, May 15, 2024
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Tag: IBRD / FONDEN 2020

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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...

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...

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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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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