1 September 2012Alternative Risk Transfer

High cat bond issuance: another man's poison?

Cat bonds have proved popular with issuers and investors so far in 2012. A mid-year renewals report by Aon Benfield Securities noted that seven cat bonds closed during the second quarter of the year, attracting $2.095 billion of capital—up $600 million from the first quarter’s record of $1.493 billion.

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