Close this search box.

Industry-loss cat bond spread decline necessitates portfolio rethink: Icosa

Spreads for industry-loss index trigger catastrophe bond instruments have declined or tightened so much in recent months that indemnity cat bonds now look relatively more attractive for the first time, which necessitates a rethink about how cat bond portfolios are constructed, according to Florian Steiger, of Icosa Investments.

Steiger formed Icosa Investments as a new catastrophe bond focused asset manager and became its CEO at the start of the year and has shared his views on a number of key developments in the cat bond market.

First, he has examined developments in spreads for the industry-loss index trigger cat bonds and compared them to indemnity.


Skip to content