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Novel cat bonds on the horizon: Brad Adderley, Appleby

On the back of a robust opening quarter, catastrophe bond issuance remained strong in the second-quarter of 2022, and with interest from new sponsors with novel transactions, growth could be on the horizon, according to Brad Adderley.

“We have done a fair amount of cat bonds in Q2, and we have not had any transactions fail or not proceed,” said Adderley, Bermuda Managing Partner at Appleby, speaking with Artemis.

As we’ve documented at Artemis throughout the quarter, a number of cat bonds brought to market failed to complete, although this clearly wasn’t the case for Appleby.

FULL ORIGINAL PUBLICATION HERE

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