First-quarter catastrophe bond issuance activity reached the $1 billion mark for the second year in a row. Capital raised was flat year over year, with seven completed transactions leading to $1.5 billion in fresh capital. This year's first quarter was the busiest in market history, topping 2012's record-setting $1.3 billion. Transaction volume was up 17 percent.
This report sheds light on the key trends impacting the catastrophe bond market.
• Q1 catastrophe bond issuance.
• Catastrophe designation in indemnity triggered transactions.
• Catastrophe bonds covering Canada.
• Cat bond lite momentum.
• The hurricane quarter.