- Pricing levels of Catastrophe Bonds (explained here) have hit a 30-year high.
- “According to estimates by Guy Carpenter, a global risk specialist and provider of ILS sourcing and pricing information, the premium, or rate on line, of cat bonds increased by an annual rate of approximately 30% in January 2023, only the third time in three decades prices have reached such a level.”
- Bloomberg article here.
- Source: Amundi h/t bpsandpieces.