Shutterstock.com_2472336267/Romolo Tavani

24 June 2025Insurance

Cat-4 Erick is no cat bond lossmaker; Twelve Securis claims all clear

Hurricane Erick, which hit Mexico’s western coast at major hurricane status, likely failed to trigger any losses from the sole cat bond covering the expanse of coastline, ILS manager Twelve Securis said in giving the all-clear on its broader portfolio.

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