Bull Bay, Jamaica, in the aftermath of Hurricane Beryl in July.Source: Fortune Magazine, Ricardo Makyn—AFP via Getty Images BY Greg Ritchie, Gautam Naik and Bloomberg August 18, 2024 A strategy that’s delivered specialist investors huge returns is now facing scrutiny, amid concerns that its risk-reward dynamics might be skewed against some issuers. Catastrophe bonds, which are issued by … Continue reading Hurricane Beryl didn’t trigger a catastrophe bond, delivering a big win for investors
