News

Super fund invests in catastrophe bonds

Wednesday 3rd of February 2010

Catastrophe bonds are a way for capital markets to provide reinsurance to the insurance industry and they essentially cover catastrophic events such as major hurricanes, earthquakes and bushfires in areas where such events present a low but genuine risk.

New Zealand Superannuation head of communications Paul Gregory says New Zealand Superannuation will mostly invest in securities that co...

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