No impact on cat bonds from Japan quake: Plenum
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No impact on cat bonds from Japan quake: Plenum

cracked road concrete close up

Plenum said that the recent Japanese earthquake would not have any impact on its cat bond portfolios as it forecast that damage would be “comparatively moderate”.

A 7.4 magnitude earthquake hit Japan 16 March, not far from the region where the M9 Tohoku earthquake happened nearly 11 years ago.

The

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