Record $2bn ILS issuance in Q1: WCMA

The first quarter of 2016 saw a record $2bn of non-life
catastrophe bond issuance, according to Willis Capital Markets
& Advisory (WCMA).
The Q1 total is 35 percent higher than in the same period last
year, but it is too early to say whether this will translate to a
record-breaking year, WCMA said in its latest ILS Market
Update.
All deals came from repeat sponsors and the first quarter ended
with $23.2bn of outstanding cat bonds - marking another record....