Industry loss cat bonds show mixed reaction to PCS Milton loss figure
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Industry loss cat bonds show mixed reaction to PCS Milton loss figure

Latest pricing suggests secondary market traders are baking in further loss development.

By Jai Singh
November 05, 2024
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Milton Monday Afternoon Oct 7 2024.jpg

Index-based cat bonds exposed to Hurricane Milton had a mixed reaction on the secondary market following the Property Claims Services (PCS) $5bn Milton loss number.

Data

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