Cat bonds trading at ‘significantly wider spreads’ on secondary market
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Cat bonds trading at ‘significantly wider spreads’ on secondary market

Integrity Re 2024-D and Lightning Re 2023-1A are two bonds that were marked down, although no trading has occurred.

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Hurricane Force Winds Illustration.jpg

Icosa Investments has observed several cat bonds trading at “significantly wider spreads” than their previous valuations in the secondary market ahead of Hurricane Milton’s immanent landfall.

The

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