There’s a recent parametric earthquake catastrophe bond transaction out there, the fifth within the series of Acorn Re deals. But for the primary time this $400 million Acorn Re Ltd….
Investor demand for bond insurance remained strong throughout the first three quarters of 2024 as the quantity of debt wrapped by bond insurance rose 26.8% year-over-year. Municipal bond insurers wrapped…
The catastrophe bond market is predicted to fall within the wake of hurricane Milton. But, as with other historical events, at the least a few of that drawdown is prone…
James McIntire, who served two terms as Washington state treasurer, died in August. He was 71. The cause was an aggressive and rare type of prostate cancer, his wife, Christina…
Responding to the potential impact of losses from hurricane Milton, the catastrophe bond market has fallen by just 1.34% at the top of week pricing of the index calculated by…
After outperforming the larger weakness in U.S. Treasuries over the past week, municipals played some catch up Friday seeing pressure across the curve ahead of holiday-shortened, but still heavy supply…
Evaluation undertaken by specialist investment manager Twelve Capital suggests an insurance industry loss within the range of $20 billion to $50 billion from hurricane Milton, with a 0% to 4%…
Municipals were little modified Thursday as U.S. Treasuries were weaker out long and equities were off after a hotter-than-expected inflation report. The 2-year muni-to-Treasury ratio Thursday was at 61%, the…
While industry losses from hurricane Milton is probably not as high as had initially been feared, the storm’s impacts in Florida are still expected to be a loss within the…
Chattanooga, Tennessee, plans to cost $80 million of bonds for a minor league baseball stadium that’s pitched as the important thing to reviving a bedraggled a part of town. The…