After a flurry of catastrophe bonds launched in recent days, it is now clear that issuance of new catastrophe bonds and other related insurance-linked securities (ILS) tracked here at Artemis will break the record for the second-quarter and also the first-half of 2021.
We explained back in May that the market for catastrophe bonds and related insurance-linked securities (ILS) is set to break new ground for the first-half of 2021, with over $10 billion of issuance anticipated by us, according to our data on the market at the time.