Investors in Munich Re's $300mn Muteki catastrophe bond for Japanese carrier Zenkyoren are likely to see a complete loss of their capital after the March 11 Tohoku earthquake, ratings agency Moody's says.
Investors in Munich Re's $300mn Muteki catastrophe bond for Japanese carrier Zenkyoren are likely to see a complete loss of their capital after the March 11 Tohoku earthquake, ratings agency Moody's says.