Milton could cause sub-5% loss to cat bond market: Icosa Investments
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Milton could cause sub-5% loss to cat bond market: Icosa Investments

This is based on insured loss estimates of between $20bn and $60bn.

By Abbie Day
October 10, 2024
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US Currency: Wads of US bills fastened with rubber bands, close-up

Icosa Investments expects Hurricane Milton to cause losses of below 5% for the cat bond market, based on the current insured loss estimates between $20bn and $60bn.

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Topics

Property Catastrophe losses News Florida Catastrophe bonds Hurricane
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