Thirsty cat bond market could challenge records

Cat bond market conditions are extremely favourable to sponsors
and it would not be surprising to see a record volume of deals this
year, Swiss Re Capital Markets said in its annual insurance-linked
securities (ILS) review.
This comes as investor demand is sharpened by a record
"wall of maturities" due in the cat bond market over the
first half of 2017.
The volume of maturities could result in the cat bond market
shrinking temporarily, but "market conditions are extremely
favourable...