NZ Super Fund takes $70mn cat bond write-down on Ian expected loss
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NZ Super Fund takes $70mn cat bond write-down on Ian expected loss

Liz Bury
11 October 2022
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The NZ Super Fund has taken a $70mn hit in mark-to-market writes-downs on its cat bond holdings, it told a local news outlet.

The fund put the loss at 9% for the year to date for the cat bond element of its potential exposure to Ian insured losses.

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