Printed from

ILS sector's issuances plummet

Posted On: Aug. 12, 2019 6:02 AM CST

Hurricane Patricia closes in on Mexico

U.K.-based Willis Towers Watson P.L.C. said that the insurance-linked securities market's issuance totaled $1.7 billion in the second quarter of this year, down 57% from $4 billion in the second quarter of 2018, Asia Insurance Review reported.  Willis Re Securities said that the insurance sector issued 11 catastrophe bonds in the second quarter.

Read more.