Cat bond market shrinks to $0.8bn in Q4 as multiples shoot up
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Cat bond market shrinks to $0.8bn in Q4 as multiples shoot up

Liz Bury, 
Ben Wylie
22 December 2022
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It has been a slower Q4 for the cat bond market after Hurricane Ian than the traditional pre-1 January renewal season, but rising spreads have ILS managers hopeful of attracting 2023 funds.

New cat bond volumes have slumped by 140% to around $0.8bn in Q4 so far, down from $2.8bn in Q4 2021, in what is the slowest Q4 since 2018 for this ILS segment.

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Topics

Analysis Catastrophe bonds Allstate Fidelis Liberty Mutual RenaissanceRe Sompo International USAA
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