USAA's aggregate Residential Re cat bonds marked lower on rising loss potential - Artemis.bm
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1 Articles
USAA's aggregate Residential Re cat bonds marked lower on rising loss potential - Artemis.bm
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. A number of USAA’s aggregate catastrophe bond tranches issued under its Residential Re program of deals have seen their secondary market prices marked repeatedly lower over recent months, with its losses from a severe convective storm (SCS) outbreak now driving them further down with some tranches marked near zero. It’s important to …
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