Four cat bonds downgraded to junk status
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Four cat bonds downgraded to junk status

13 October 2008
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email

Ratings agency Standard & Poor’s (S&P) has downgraded four cat bonds guaranteed by failed investment bank Lehman Brothers, signalling further contagion of the financial sector crisis in the insurance linked securities (ILS) market.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News October 2008/2
Gift this article