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

Aon Securities has reiterated its position that 2017 is set to
become the biggest ever year for the cat bond market, with issuance
forecast to come in at $8bn.
Volumes for the first quarter reached $2.2bn, according to the
firm's Q1 2017 update, with April deals set to take the
year-to-date total to almost $6bn.
This is keeping pace with a vast number of ILS maturities in the
first half of the year, with $2.0bn rolling off risk in Q1...