The global market for catastrophe bonds expanded by almost 2% during the second-quarter of 2022, as demand from sponsors drove strong issuance and helped to grow the outstanding cat bond market to $38.2 billion at June 30th 2022.
Issuance of new catastrophe bonds reached $5.2 billion in the second-quarter of the year. You can download our brand new cat bond market report here, which details issuance trends and breaks down the market activity.
For the third time in the past decade, second-quarter catastrophe bond and ILS issuance surpassed the $5 billion mark, reaching almost $5.2 billion from 27 transactions.
FULL ORIGINAL PUBLICATION HERE