Around $400mn of cat bonds have been put up for sale in bid-wanted-in-competition (BWIC) lists submitted to brokers since 9 March, as prices increasingly came under pressure, Aon Securities CEO Paul Schultz told Trading Risk.
Around $400mn of cat bonds have been put up for sale in bid-wanted-in-competition (BWIC) lists submitted to brokers since 9 March, as prices increasingly came under pressure, Aon Securities CEO Paul Schultz told Trading Risk.