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9 October 2023Insurance

Cat bond rally rolls on in September, now up 15% since post-Ian lows

Pure-play cat bond investment funds advanced in September on four consecutive weeks of gains that added nearly 1% to a key fund pricing index.

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More on this story

Alternative Risk Transfer
14 September 2023   The USD-denominated index is up 14.2% from post-Ian lows and 6.7% since pre-landfall.
Insurance
6 September 2023   Hard market means pent-up demand for reinsurance among cedents will drive cat bonds at year-end.