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Cat bond market may see $11.5 billion of new issuances

Posted On: Jan. 26, 2023 8:11 AM CST

Alternative risk transfer

Jean-Louis Monnier, head of retro and ILS structuring at Swiss Re Capital Markets Ltd., has said that the catastrophe bond market could see as much as $11.5 billion of new issuances in 2023, Artemis reported. Mr. Monnier said that Swiss Re Capital Markets anticipates a heavy first-half issuance pipeline.