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Issuances of catastrophe bonds and insurance-linked securities recorded in the Artemis Deal Directory have topped $6 billion from 40 completed transactions in 2015 so far, reported Artemis.bm.
Issuances reached $6 billion in 2014 in the month of June.
The latest cat bond deal that has been completed is the Turkish Catastrophe Insurance Pool's Bosphorus Ltd. parametric earthquake reinsurance bond.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms