The primary $4bn+ cat bond month ever. Issuance working 38% forward of report 12 months – Cyber Information

As we speak, Artemis’ knowledge and charts on the disaster bond and associated insurance-linked securities (ILS) market have been up to date to accommodate the most recent new Marlon deal and we’ve now cleared the $4 billion milestone for Could 2024, whereas year-to-date issuance is monitoring 38% forward of the earlier report for the primary … Read more

Quantity of cat bond issuance a testomony to maturity of asset class: Prabis, Hiscox Re & ILS – Cyber Information

Investor and issuer curiosity within the disaster bond product stays sturdy amid wholesome market dynamics, and the expectation is that 2024 will likely be one other file yr for the house, based on Vincent Prabis, Managing Principal, ILS at Hiscox Re & ILS.With H1 2024 cat bond issuance as soon as once more exceeding the … Read more

Cat bond issuance hits $7bn in 2024, over 82% uncovered to Atlantic hurricane danger – Cyber Information

Issuance of property disaster bonds, bonds uncovered to different strains resembling well being and associated non-public cat bond offers tracked by Artemis in our Deal Listing has now reached $7 billion for 2024 up to now, however of that whole some 82% is uncovered to Atlantic hurricane dangers exhibiting simply how essential the peril is … Read more