Significant scope for public sector cat bond market development, says DBRS Morningstar
For low and middle income countries with an elevated exposure to natural disasters, catastrophe bonds can be a useful tool for financial planning, but the public sector side of the market needs to grow in order for governments to fully realise the potential benefits, according to analysts at DBRS Morningstar. The potential fiscal cost of […]
Catastrophe bond spreads hit all-time-high in 2023
The average spread across newly issued catastrophe bonds has now reached an all-time-high in 2023, as data recorded by Artemis now shows that both the average coupon and the average spread above expected loss of cat bonds entered in the Artemis Deal Directory this year are at record levels. The good news for catastrophe bond […]
