Cat bonds & related ILS hit $12.5bn, property cat bonds surpass $11.5bn YTD
According to Artemis’ Deal Directory data, which tracks issuances of catastrophe bonds and related insurance-linked securities, overall issuance year-to-date has already reached $12.5 billion, while issuance of Rule 144A property cat bonds alone is now above $11.5 billion in 2023. With another $400 million of notes from the North Carolina Farm Bureau’s Blue Ridge Re 2023-1 cat bond having […]