Cat bond frenzy unstoppable Q2; can bring other ILS in tow this year: Aon
The cat bond bonanza should roll to another increase in issuance in the second quarter, still fuelled by primary insurers seeking to diversify their reinsurance while reinsurers sit idly on the ILS sidelines, but can only go so long before teasing other market segments into the rally or correcting, something to watch for in the second half of the year, Aon’s chief of ILS operations told Intelligent Insurer.
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