The global catastrophe-bond market just wrapped up its second-best issuance year ever: With approximately $6 billion in fresh capital raised, according to the "PCS Year-End 2012 Catastrophe Bond Report: Meeting Expectations," 2012 follows only 2007, in which sponsors raised $7 billion.
Barriers to widespread adoption persist, however, especially among midmarket issuers. If the insurance-linked-securities catastrophe-bond community can become more accessible to smaller sponsors, the potential for overall market growth is significant.
Let's take a look at the catastrophe bond market's "checklist for growth," particularly as it pertains to the midmarket:
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
