Swiss Re Insurance-Linked Fund Management

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Hurricane Patricia heads for Mexico, MultiCat cat bond at risk?

22nd October 2015

Read our latest on Hurricane Patricia here. Hurricane Patricia formed this morning off the Pacific coast of Mexico. With sustained winds of 85mph currently the forecast calls for Patricia to strengthen towards a Cat 3 or stronger landfall, perhaps putting the Class C notes of the MultiCat Mexico Ltd. (Series 2012-1) catastrophe bond at risk.

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