From Artemis:
Global reinsurance firm Munich Re, the largest reinsurer in the world, said in its latest catastrophe bond and insurance-linked securities market report that it believes total Q2 2015 cat bond issuance could be “north of $3bn.”
With such a high volume of cat bonds having matured during the first-quarter of 2015 and another $1.5 billion approximately to mature in the second-quarter, Munich Re’s Risk Trading Unit believes that we could see some sponsors catching up on matured issuances in Q2 of this year.And the story I was actually going for:
Munich Re notes that while first-quarter issuance reached $1.7 billion by its numbers, which is lower than Artemis’ figure of almost $2.1 billion due to our inclusion of private cat bond deals, maturities outstripped issuance resulting in a shrinking of the outstanding catastrophe bond market....MORE
Retail investors to increasingly invest in ILS & reinsurance: KPMG’s Bridgewater
