Hardening reinsurance market driving demand
The catastrophe bond market experienced record issuance over the past year, according to insights from Aon Reinsurance Solutions.
The market saw issuance volume of over $17.9 billion across 76 transactions from July 2023 to June 2024, setting records in three of the past four quarters, including the largest first-half issuance volume ever recorded. This surge in activity was