Record cat bond year to hit catastrophe pricing
Thursday, 06 15 2017, Category: Insurance and Reinsurance, Country: World
Following a spike in global catastrophe bond and insurance-linked securities (ILS) activity so far in 2017, analysts at RBC Capital Markets expect it could be a record-breaking year and believe this is likely to impact pricing for well modelled catastrophe exposures.
As shown by the Artemis Deal Directory, catastrophe bond and ILS issuance in the first-quarter of 2017 broke-records, as is the case with second-quarter deal issuance despite the potential for further activity in the remainder of June.
Investor appetite for insurance and reinsurance-linked risks appears stronger than ever, and analysts at RBC Capital Markets have underlined the potential for a record-breaking 2017, which comes on the back of an extremely impressive 2016.