CrowdStrike highlighted cyber cat bond uncertainty, AM Best says. What about the tail? – Go Health Pro

CrowdStrike highlighted cyber cat bond uncertainty, AM Best says. What about the tail? – Go Health Pro

The global IT outage caused by a defective software update from CrowdStrike has highlighted the “persistent uncertainty” in the cyber catastrophe bond and insurance-linked securities (ILS) asset class, rating agency AM Best said, also highlighting that there is uncertainty surrounding the tail and potential for loss development, which it seems is misunderstood.On CrowdSrike, AM Best … Read more

Jordan Strah becomes cat bond fund PM at Franklin Templeton – Go Health Pro

Jordan Strah becomes cat bond fund PM at Franklin Templeton – Go Health Pro

Jordan Strah has taken on the position of Portfolio Manager for the catastrophe bond funds and other insurance-linked securities (ILS) strategies at Franklin Templeton Investment Solutions.Strah joined K2 Advisors, the hedge fund focused unit of Franklin Templeton, back in 2022 working as a Research Analyst and Portfolio Manager within the team that looked after the … Read more

144A property cat bond issuance nears $12.8bn, hits second-highest level ever – Go Health Pro

144A property cat bond issuance nears .8bn, hits second-highest level ever – Go Health Pro

Already in 2024, the dollar amount of new Rule 144A property catastrophe bonds issued and settled has reached the second-highest level on record, with almost $12.8 billion in completed property cat bond deals tracked in the Artemis Deal Directory so far this year.Using our charts you can analyse the mix of issuance we include in … Read more

10 Best High-Yield Bond Funds Of November 2024 – Forbes Advisor – Go Health Pro

10 Best High-Yield Bond Funds Of November 2024 – Forbes Advisor – Go Health Pro

To find the best high-yield bond mutual funds, we began with the Fidelity Investments screener. Our initial list was 381 funds, including both taxable and tax-exempt municipal bond mutual funds. We screened out all funds with lower than neutral Morningstar rankings. The remaining group included many institutional class funds with minimum initial investments of at … Read more

Aon reports 13% increase to $6bn in year-to-date cat bond placements – Go Health Pro

Aon reports 13% increase to bn in year-to-date cat bond placements – Go Health Pro

Insurance and reinsurance broker Aon reported today that year-to-date it has seen a 13% increase in catastrophe bond issuance volumes for the deals it has placed, while President Eric Andersen said the company remains agnostic as to form of coverage placed for clients, saying each has its place in the reinsurance capital stack.Aon said in … Read more

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