Swiss Re's Kamp Re cat bond, which was struck with losses from Hurricane Katrina weeks after launch in 2005, has finally matured and returned around $46mn of its $190mn principal to investors, Trading Risk can reveal.
Swiss Re's Kamp Re cat bond, which was struck with losses from Hurricane Katrina weeks after launch in 2005, has finally matured and returned around $46mn of its $190mn principal to investors, Trading Risk can reveal.