Bloomberg: Catastrophe Bond Sales Soar as Markets Brace for Unusually Active Hurricane Season
Issuance of catastrophe bonds just hit a record high, as the market braces for a rough hurricane season with the potential to do substantial damage. Sales of so-called cat bonds are 38% higher this year through May than over the same five-month period in 2023, which was already a record, according to Artemis, a compiler […]