"The Uncertainties of Prognostications of the Impact of Hurricanes Harvey and Irma on Catastrophe Bonds and the Reinsurance Market"

[Editor's note: Roland C. Goss is the office managing shareholder of the Washington, D.C. office of Carlton Fields Jorden Burt, PA. This article reflects the views of the author, and does not constitute legal or other professional advice or service by Carlton Fields Jorden Burt, PA and/or any of its attorneys. This article appeared on the firm’s reinsurance and arbitration blog, www.ReinsuranceFocus.com.]

Much is being written about the extent to which catastrophe bonds (or traditional reinsurance) are “exposed” to or may be called upon to pay losses from Hurricanes Harvey and Irma, and the impact that those storms may have …