Cat Bond Markets Price Wildfire Risk at 6x Models And The Gap Is Growing
Investors are pricing wildfire risk at six times what catastrophe models say it should be, and new research shows that premium spikes after major fires and doesn't come back down.
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California Puts $3.5B Price on Wildfire Risk Transfer
A study opens the door to on nog the largest potential government cat bond and reinsurance program in U.S. history.
