Taiping Reinsurance issued Asia's first dual-perils, dual-triggers catastrophe bond (CAT bond) in Hong Kong. The CAT bond, valued at $35m, was issued through a special purpose insurer, Silk Road ...

dual-triggers catastrophe bond (CAT bond) in Hong Kong to bolster its catastrophe risk management. This offering is designed to cover the risks of earthquakes in China and hurricanes in the US ...