Gautam Naik

2 weeks ago | ca.finance.yahoo.com | Gautam Naik

(Bloomberg) -- A bond market designed around natural catastrophes is proving remarkably resilient to a man-made market meltdown. While most markets have seen deep selloffs since Donald Trump’s “Liberation Day” tariff announcement, investors in catastrophe bonds have sailed through with hardly a ripple.

2 weeks ago | news.bloombergtax.com | Gautam Naik

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.

2 weeks ago | propertycasualty360.com | Gautam Naik

Destroyed homes after Hurricane Milton in St. Pete Beach, Florida, on Oct. 10, 2024 (Credit: Tristan Wheelock/Bloomberg)(Bloomberg) — While most markets have seen deep selloffs since President Donald Trump’s “Liberation Day” tariff announcement, investors in catastrophe bonds have sailed through with hardly a ripple. Your access to unlimited PropertyCasualty360 content isn’t changing.

2 weeks ago | bloomberg.com | Gautam Naik |Noele Illien

Fermat Capital Management said on Monday it unexpectedly lost a major contract with asset manager GAM Holding AG to help oversee a portfolio of insurance-linked securities. The contract, a $3 billion portfolio of ILS, will instead be co-managed by Swiss Re AG starting next month, the Zurich-based reinsurer said in a statement that didn’t mention Fermat.

2 weeks ago | bloomberg.com | Gautam Naik

Over the past year, catastrophe bonds have gained about 13%. (Bloomberg) -- A bond market designed around natural catastrophes is proving remarkably resilient to a man-made market meltdown. While most markets have seen deep selloffs since Donald Trump’s “Liberation Day” tariff announcement, investors in catastrophe bonds have sailed through with hardly a ripple.