Topiary Capital Ltd., Japan earthquake activated catastrophe bond, downgraded by A.M. Best
News 30th April 2011A.M. Best have joined Standard & Poor’s in downgrading the rating of the catastrophe bond notes issued in 2008 by Topiary Capital Ltd. (our article on S&P’s downgrade here). Topiary Capital, while not expecting a loss due to the 11th March earthquake disaster in Japan, has been activated meaning it is now at risk of […]
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