On Friday some catastrophe bonds saw further negative secondary market price movements due to potential exposure to aggregate attachment erosion, or actual losses, from the Los Angeles and Southern California wildfires. Here we detail the latest information we have on names that experienced the most meaningful moves in the last week.
The range, from across the CoreLogic ($35bn to $45bn) and Moody’s RMS Event Response ($20bn to $30bn) estimates is for insured losses to fall in a range between $20 billion and $45 billion.
FULL ORIGINAL PUBLICATION HERE
