Three dominant trends revealed in record period of cat bond issuance: Pennay, Aon Securities
Three key dominant trends have been revealed following a record period of catastrophe bond issuance according to Richard Pennay, CEO, Aon Securities, the specialist investment banking and insurance-linked securities (ILS) broker-dealer unit of the global insurance and reinsurance broker. In its latest ILS annual report, Aon Securities found that 12-month catastrophe bond issuance over the […]
Philippines seeks enhanced climate-disaster risk transfer with Global Shield support
The government of the Philippines is aiming to secure enhanced climate-disaster risk financing and insurance capacity, with parametric structures likely to play a significant role, while Global Shield financing vehicles are expected to help fund the initiative. The Philippines Department of Finance (DOF) is collaborating with the Global Shield Secretariat and Institute for Climate and […]