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International

Cat bond issuance rises to more than $7 billion, overtakes 2016 issuance

May 18, 2017 Reprints

Catastrophe bond issuances totaled $7.14 billion this year, overtaking the 2016 issuance and helping the outstanding market reach a record $28 billion, Artemis.bm reports. Catastrophe bond issuance for the first quarter totaled nearly $3 billion, and is likely to hit nearly $8.3 billion by the end of the second quarter.

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Cat bond issuance rises to more than $7 billion, overtakes 2016 issuance

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