Across now nine positions with meaningful moves, the write-down is around the $200m level
Cat bond prices fall again on LA wildfire exposure | | | ILS NYC 2025 - If you want to attend, please secure your place! Catastrophe bond prices move again on LA wildfires, ~$200m write-down so far  On Friday some catastrophe bonds saw further negative secondary market price movements due to potential exposure to aggregate attachment erosion, or actual losses, from the Los Angeles and Southern California wildfires. The reason for the incremental downward moves in secondary prices for these cat bonds this week is likely down to the emergence of greater clarity over the potential quantum of industry losses, as more estimates emerged including those from catastrophe risk modelling firms. With now nine positions that have seen more significant negative price movements, the mark-to-market write-down from the fires is now around the $200m level. Read the full story. | | | | | | Please share this with colleagues and friends if you think they would like to receive it.
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