Cat bond issuance sees sharp 44.3% decline: Aon

Source: Business Insurance

September 05, 2019 Catastrophe bond issuance dropped 44.3% to $5.42 billion for the year ended June 30, compared with a year ago, according to a report Thursday from Aon Securities. ILS capital in place declined to $93 billion at June 30 from $98 billion a year ago, the report said.