Pelican Re and retro deals among Ida-exposed cat bonds
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Pelican Re and retro deals among Ida-exposed cat bonds

New Orleans, United States. 30th Aug, 2021. Jax Brewery in the French Quarter of New Orleans roof blew off during the night as Hurricane Ida hit the city, Monday, August 30, 2021. nnPhoto by AJ Sisco/UPI Credit: UPI/Alamy Live News
Photo: Alamy Live News

Hurricane Ida will not have a significant impact on the cat bond market but the deals that are expected to be most exposed to the storm include the Louisiana Citizens bonds and some high-risk aggregate retro deals, sources told...

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