Based on the latest forecast information, catastrophe bond and insurance-linked securities (ILS) investment manager Plenum Investments believes that hurricane Laura may not be strong enough to impact any outstanding cat bonds in its portfolio.
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The Gulf Coast states of Louisiana and Texas are facing a challenging double storm landfall threat this week, with tropical storm Laura expected to be a large and dangerous hurricane when it nears the coast late on Wednesday, while tropical storm Marco is more likely to remain at storm strength but soak the area in […]
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The United States, in particular the Gulf Coast, is under a double hurricane threat currently, with storms Laura and Marco expected to be named in the coming hours and the forecast showing a potential double-hit to the Gulf Coast region around Texas to Louisiana.
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