GC Securities’* briefing, “Catastrophe Bond Update: First Quarter 2015″ is now available.
A high volume of maturities coupled with a diverse and steady stream of new issuances created a dynamic catastrophe bond market in the first quarter of 2015. The first quarter of each year is particularly active in terms of issuance for the property/casualty catastrophe bond market and this characteristic continued into 2015 as USD1.49 billion of 144A catastrophe bond limit was successfully placed with investors.
*Securities or investments, as applicable, are offered in the United States through GC Securities, a division of MMC Securities Corp., a US registered broker-dealer and member FINRA/NFA/SIPC. Main Office: 1166 Avenue of the Americas, New York, NY 10036. Phone: (212) 345-5000. Securities or investments, as applicable, are offered in the European Union by GC Securities, a division of MMC Securities (Europe) Ltd. (MMCSEL), which is authorized and regulated by the Financial Conduct Authority, main office 25 The North Colonnade, Canary Wharf, London E14 5HS. Reinsurance products are placed through qualified affiliates of Guy Carpenter & Company, LLC. MMC Securities Corp., MMC Securities (Europe) Ltd. and Guy Carpenter & Company, LLC are affiliates owned by Marsh & McLennan Companies. This communication is not intended as an offer to sell or a solicitation of any offer to buy any security, financial instrument, reinsurance or insurance product. **GC Analytics is a registered mark with the U.S. Patent and Trademark Office.