Investors’ Bets on Mother Nature Are Paying Off Big
Telis Demos ( with inputs from The Wall Street Journal ) 5 min read 29 Sep 2023, 06:26 PM IST
SummaryThanks to turmoil in the insurance market and a repricing of risk, catastrophe bonds are earning more while covering more remote events.
How much would you need to be paid to cover the risk of the next massive hurricane or earthquake? Investors in the insurance market have a new answer: Way more than they were before.
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