In an interview, portfolio managers from Tenax Capital explained that Florida wind focused cat bonds are priced attractively
Florida trades above overall cat bond market spread | | | Florida attractive, as it trades above overall cat bond market spread: Tenax Capital  Tenax Capital, the London based asset manager that operates a UCITS cat bond strategy, considers Florida exposed catastrophe bonds more attractive now, seeing improvements in the insurance environment there and an excess spread available for its allocations, compared to cat bonds for certain other regions. A year ago, Tenax Capital was carefully watching Florida insurance and reinsurance market developments and was encouraged by the claims experience associated with 2024 hurricanes, which has encouraged the investor to allocate more capital to cat bonds covering the state in 2025. Read the full story. | | | | | | Please share this with colleagues and friends if you think they would like to receive it.
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