New issuance of catastrophe bonds and sidecar capacity in 2008 will be less than the record levels in 2007, due to low cat losses and the softening traditional markets, according to ratings agency Standard & Poor’s (S&P).
New issuance of catastrophe bonds and sidecar capacity in 2008 will be less than the record levels in 2007, due to low cat losses and the softening traditional markets, according to ratings agency Standard & Poor’s (S&P).