Catastrophe bonds remain unaffected by Hurricane Sandy

Catastrophe Bonds Insurance News

Catastrophe bonds investors shrug off impact of natural disaster Catastrophe bonds are unlikely to be swayed by the impact of Hurricane Sandy, as investors show little concern for the storm’s impact on the U.S. and the global insurance industry. Though Hurricane Sandy is being considered one of the largest storms to ever impact the U.S., causing approximately $20 billion in damage according to early estimates, it may not be able to cause a panic amongst investors. Catastrophe bonds have yet to show any indication of negative impact from the storm,…

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