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The disaster bond market reaches heights

Meanwhile,

Disaster bond market reaches heights:

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The spectacular landslide of Blatten at the end of May. Therefore, the fires around disaster bond market reaches heights Los Angeles, the forest fires in Canada, the floods in Vietnam. Since the beginning of the year, there is no shortage of examples of natural disasters. And these events are not without economic consequences. In the first half. they generated $ 135 billion (109 billion francs) of economic losses worldwide, according to a first estimate of the Swiss Re reinsurer published on August 6. Over the same period in 2024, the figure was $ 123 billion (99 billion francs). As for the losses ensured, they amounted to 80 billion against 69 billion over the first six months of 2024.

A situation that allows the disaster obligations market, or cat bonds, to chain records. At the beginning of July, the site specializing in monitoring this Artemis.BM sector noted that the emission volume had reached $ 18.8 billion in the first half, more than the record recorded throughout 2024 to 17.7 billion.

disaster bond market reaches heights

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Disaster bond market reaches heights

Further reading: Collective action | The Court will have to look at student insuranceStellantis acts the end of the production of thermal engines on its historic site in Douvrin“I earn much more”: this system wins crescendo in Wallonia and allows a new breath for agriculture and cateringThe use in free fall at the call-center from Voo to Herstal? The truth about the contradictory figures and the Orange policyNearly 2,300 consultants at Hydro-Québec.

jolie.whitman
jolie.whitman
Jolie’s D.C. bureaucracy explainer turns FOIA docs into bite-size slideshows with GIF annotations.
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