Secondary cat bond spreads down 15%-20% from Covid peak: Aon
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Secondary cat bond spreads down 15%-20% from Covid peak: Aon

Alex Frampton
04 May 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
paul-schultz.jpg
Paul Schultz, Aon Securities CEO

First-quarter cat bond spreads have fallen on average by 15%-20% from their Covid peak and are expected to keep tightening as deals expire in Q2, according to Aon Securities.

Repeat sponsors accounted for the majority of new Q1 transactions and the firm said investors favoured per occurrence over aggregate triggers as a result of the most recent loss events.

In

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsCatastrophe bonds
AF
Alex Frampton
Gift this article