Cat bond volumes reached $11.1bn in 2017, according to Trading Risk records, as new sponsors Validus Re and Covea wrapped up fourth quarter deals in a record year for issuance
I took a three-week holiday in the sun in December - not the sort of thing you want to go bragging about in the reinsurance market when many people are working late nights in the run-up to the 1.1 renewals
ILS broker-dealers are expecting another $10bn issuance year for the cat bond market, as (re)insurance buyers seek to manage post-loss pricing adjustments
The market's leading ILS managers grew their assets under management (AuM) by almost 10 percent in the second half of 2017, highlighting the ease of the post-loss reload
