New cat bond issuances from Everest Re and Aspen Bermuda expanded by at least 50 percent over the course of marketing, as investor appetite remained strong.
Cat bond launches are showing no sign of slowing down, with a further three deals with an initial combined size of $675mn being launched in the past week.
Vegard Nilsen has been named CEO of London-based ILS manager Securis Investment Partners amid a restructuring as firm co-founder Rob Procter gave up the job to focus on his role as chief investment officer .