Cat bonds spring back after Matthew scare
The Swiss Re cat bond index rose 1.57 percent to reach 95.53
points on 14 October, clawing back the value that was lost while
Hurricane Matthew made its way up the Florida coastline.
In the wake of the storm, which was less destructive than
expected, the secondary trading index dropped by 1.57 percent on 7
October from 95.50 to 94.00 points. This was the market's
largest one-week fall since Superstorm Sandy in November 2012.
After Sandy the index fell 2.63...
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