Cat bond issuance volumes continued to decline in 2016, which led to bargains for some sponsors as the year progressed
Meanwhile, investors displayed a readiness to take on riskier deals and new perils appeared on the market.
The volume of new cat bonds issued last year reached $6.8bn, down from $7.5bn in 2015 and $8.9bn in 2014, according to data compiled by sister publication Trading Risk.
Click to enlarge After a record-breaking first quarter, investors' concerns turned to whether new...
If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership