Aon: ILS cedants considering 'green cat bonds'
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Aon: ILS cedants considering 'green cat bonds'

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Cat bond cedants are considering issuing "green cat bonds" amid a wave of interest in ESG strategies, but more work needs to be done to quantify the value of such bonds to the investment community, Aon Securities CEO Paul Schultz said.

In an article in the latest edition of the Trading Risk ILS Investor Guide, Schultz said that brokers needed to quantify the impact of narrowing down a risk transfer portfolio for ESG purposes and how that would impact the...

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