Pricing on Vitality Re XI cat bond settles down 25% Aetna Life achieved its lowest coupon ever on the Class A tranche.
Cat bond resurgence expected in 2020 ILS broker-dealers’ forecast cat bond issuance will range from $8bn to $11bn this year, reclaiming ground lost in 2019 when annual volumes plummeted more than 40 percent year on year.
Wide private ILS performance variation persists in 2019 Cat bond fund returns rebounded in 2019, with widely divergent experience among ILS funds investing in private instruments.
Zenkyoren looks to top up remote cover from Nakama cat bond The $150mn multi-year aggregate transaction is the first Japanese cat bond to come to market in over a year.
