Aon Securities predicts pick-up in cat bond market for 2017

Business should expand in the cat bond market this year, Aon
Securities has said, with a record amount of bonds scheduled to
come off-risk in the first half.
The forecast $8bn of issuance in 2017 would be a 38 percent
increase from the $5.8bn of deals made in 2016 - not including some
private insurance-linked securities (ILS) transactions - when
annual volumes struggled to recover after a slow second
quarter.
Aon Securities had the most bullish forecast for the year...