Florida-based carriers have sponsored about $1.9bn of cat bonds across a wide range of risk levels, but the bulk of the cat bond portfolio threatened by Hurricane Irma is made up of multi-peril issuances with national US exposure.
Florida-based carriers have sponsored about $1.9bn of cat bonds across a wide range of risk levels, but the bulk of the cat bond portfolio threatened by Hurricane Irma is made up of multi-peril issuances with national US exposure.