Topanga Re and Res Re among bonds taking CA wildfire secondary pricing impacts
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Topanga Re and Res Re among bonds taking CA wildfire secondary pricing impacts

Two 2021 worldwide aggregate ILW notes are also among the markdowns.

By Jai Singh
January 21, 2025
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California Wildfires 2019: Kinkade Fire

Eight separate cat bond notes were marked down by 10c or more at the bid/offer midpoint on the secondary market last week due to expected California wildfire impacts, sources have told this publication.

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Topics

News Catastrophe bonds ILS managers Property treaty California ILWs Wildfire
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