Two reports on catastrophe bonds show they are heavily weighted toward U.S. hurricane risks. Investors, "keen" on the cat-bond market overall, are eager to place their dollars in other cat-bond categories as well.
Reinsurance broker Guy Carpenter says the percentage of the catastrophe-bond market with exposure to U.S. hurricanes has grown from 38 percent in 2003 to 71 percent.
The broker says the second quarter of this year saw four new catastrophe bonds come to market, totaling just $592 million of new issuance.
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:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 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.
