Major hurricane Erick puts Mexico’s parametric Pacific coast IBRD cat bond on-watch
The rapid intensification of tropical storm Erick into a major hurricane has brought Mexico’s Pacific coast hurricane parametric catastrophe bond, the $175 million IBRD CAR Mexico 2024 (Pacific) issuance, sharply into focus, as Erick’s central pressure is estimated just a couple of millibars above where the trigger for attachment sits. At this time, major hurricane Erick has […]
Investors see insurance-linked securities as one of the best income yield opportunities
Institutional investors are searching for diversification, income generation and also defensiveness in their asset selection, as they strive to build resilient portfolios to suit a world defined by fragmentation and flux, a survey from asset manager Schroders explains. Given the current macro-economic and geopolitical backdrop, institutional investors are rethinking their allocation strategies and searching out […]