Six cat bonds valued at more than $1.5bn were released in a late May rush of insurance-linked securities (ILS) issuance, taking total capacity available to (re)insurers at the start of the US hurricane season to $2.4bn.
Six cat bonds valued at more than $1.5bn were released in a late May rush of insurance-linked securities (ILS) issuance, taking total capacity available to (re)insurers at the start of the US hurricane season to $2.4bn.