Milton could cause price movement on several cat-bond types: Icosa
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Milton could cause price movement on several cat-bond types: Icosa

Icosa said certain cat bonds could see more than 0.2 points of price movement.

By Abbie Day
October 16, 2024
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Sarasota, Florida, USA. 10th October, 2024. Residents survey damage to their neighborhood following Hurricane Milton. Credit: david childers/Alamy Live News
Photo: Alamy

Several types of cat bond may see losses because of Hurricane Milton, according to Icosa Investments.

In a LinkedIn post, the investment manager said the cat bonds that could see more than 0.2

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Topics

NewsCatastrophe lossesFloridaPropertyCatastrophe bonds
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