Catastrophe-Bond Funds Suffered Virtually No Losses From Hurricane Milton.

Investors in catastrophe bonds experienced minimal losses from Hurricane Milton, with potential returns of up to 12%. The market had anticipated losses of up to 15%, but actual losses are expected to be around 1% or less. Despite the active hurricane season, cat bonds have shown resilience, with market-beating returns and expectations for continued growth in assets under management for cat-bond funds. The parameters for cat-bond payouts are not expected to soften, with analysts predicting adjustments to cover only the most severe storms. [Extracted from the article]