Private cat bond issuances break new record in 2021
Posted On: Jan. 11, 2022 9:05 AM CSTAnnual issuance of privately placed catastrophe bond transactions surpassed $1 billion in 2021, setting a new record and reflecting a strong resurgence in the private cat bond market driven by renewals and upsizing of some bonds, Artemis reported. According to the Artemis Deal Directory, there were 30 private cat bond transactions in 2021.