Large disaster losses to drive cat bonds issuance
Posted On: Feb. 4, 2019 4:56 AM CSTThe reinsurance and insurance-linked securities sector is increasingly looking to catastrophe bonds for risk transfer after large natural disaster-related losses in 2017 and 2018 hit the sector, Artemis.bm reports. Cat bond rates are expected to increase while reinsurers and investors are also likely to broaden cat bond-related terms this year.