Some aggregate indemnity cat bonds may be ‘priced too high’: Icosa
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Some aggregate indemnity cat bonds may be ‘priced too high’: Icosa

The cat bond manager warned of excess downside risk owing to an accumulation of losses.

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Cat bond manager Icosa Investments has warned that certain aggregate indemnity cat bond structures are “potentially priced too high” due to an accumulation of losses – including from US tornadoes that struck over the weekend.

Tornadoes

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