Cat bond rates likely to rise: Swiss Re

Posted On: Feb. 20, 2019 5:42 AM CST

Swiss Re Ltd. said that catastrophe bond and insurance-linked securities rates are expected to increase at mid-year renewals after the sector suffered large natural disaster-related losses in 2017 and 2018, Artemis.bm reports. Swiss Re said that prices are likely to rise for loss affected cat bonds and those focused on regions with less robust risk models.