Catastrophe bond issuance remained buoyant in the first half of this year, with $7.7 billion in new issuance following a record year in 2021, according to a report released Friday by Moody’s Investors Service Inc.
Activity is expected to be robust for the remainder of 2022, Moody’s said.
First-quarter new issuance totaled $3.2 billion, the third-highest first-quarter total ever, behind 2020 and 2018.
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