Search archive

Advanced search

Ratings agency Standard & Poor's (S&P) says it does not expect to alter the ratings of the catastrophe bonds it rates that were exposed to Hurricane Irene losses - including the two Johnston Re bonds issued by the North Carolina state wind pool.

It rates $1.9bn in notes exposed to Irene losses, including the $507mn Johnston Re notes.

The 2011 Johnston Re notes - the riskier tranche of the two issuances - pay out when the North Carolina wind pool...

---

You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.

---

Email Address

Password

• Subscription
  Trading Risk