> Indian Insurance: Catastrophe-Bond Issuance Pushes Overall Market to Almost $50 Billion

Thursday, December 26, 2024

Catastrophe-Bond Issuance Pushes Overall Market to Almost $50 Billion

Catastrophe-bond issuance rose to a record this year, increasing the overall market to almost $50 billion, as insurers transferred more risk from costly climate disasters to private investors. Sales of bonds earmarked for supplemental coverage of large windstorms, earthquakes and …

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