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International

Typhoon cat bonds marked down due to Hagibis uncertainty

November 14, 2019 Reprints

Catastrophe bonds exposed to Japanese typhoons have largely been marked down due to market uncertainty over the eventual industry loss from typhoon Hagibis, Artemis reports. The riskier of the outstanding per-occurrence cat bonds exposed to Japanese typhoons have been marked down by nearly 17%, while others are marked down 10% to 15%.

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Typhoon cat bonds marked down due to Hagibis uncertainty

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