Record cat bond issuance assessed
Friday 21 April 2017 12:34 London/ 07.34 New York/ 20.34 Tokyo
The average size of catastrophe bonds climbed significantly - by 31% - to US$292m in 1Q17, according to PCS figures. The firm notes that the issuance of the Galilei Re, Aozora Re and Sanders Re transactions had "disproportionate effects" on volumes (see SCI's primary issuance database).
"Half the transactions [issued in Q1] were small (under US$200m) and it ... showing 60 out of 245 words of this article
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