Cat bond issuance to hit $8bn in 2017: Aon

Aon Securities reiterated its forecast for $8bn of new cat bond
deals to be issued in 2017, which would make it the
insurance-linked securities (ILS) market's biggest year since
2014.
Volumes for the first quarter reached $2.17bn, according to the
firm's Q1 2017 update, with April deals set to take the
year-to-date total to almost $6.0bn.
This is keeping pace with a vast number of ILS maturities in the
first half of the year, as $2.0bn rolled off risk in...