Matthew draws 'livecat' trading volumes

"Livecat" trading of industry loss warranties (ILWs)
ahead of Hurricane Matthew could have topped $100mn of volume,
sources told sister title Trading Risk,
making it the most active "livecat" market since
Superstorm Sandy.
Volumes in the livecat market are opaque, with more interest
than actual trading, but ahead of the storm's landfall on 5
October sources estimated that cleared deals were approaching
$100mn of limit - with one suggesting the total could be even
higher.
This compares to perhaps