February 16th, 2016

Catastrophe Bond Update: Fourth Quarter And Full Year 2015

Posted at 1:00 AM ET

144A property and casualty (P&C) catastrophe bond primary issuance levels were uncharacteristically low in the fourth quarter with an aggregate notional of USD 1.425 billion of 144A P&C catastrophe bonds issued benefiting five sponsors. The 2015 full year primary issuance of 144A P&C catastrophe bonds totaled USD 5.917 billion from 25 transactions benefiting 24 sponsors. 144A P&C risk capital outstanding as of December 31, 2015 totaled USD 22.640 billion, which is 0.56 percent lower than 2014’s all-time high in the 144A P&C catastrophe bond market.

Pricing Curve_clean

Click here to register to receive e-mail updates>> 


*Securities or investments, as applicable, are offered in the United States through GC Securities, a division of MMC Securities LLC, 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 LLC, 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.

AddThis Feed Button
Bookmark and Share

Related Posts