Here’s an interesting question for a Friday discussion…
Could you see a day when brokers might begin issuing their own insurance-linked securities such as catastrophe bonds and sidecars? If a broker could take his bucket of risks directly to the capital markets through their own SPV and the notes are set up with a parametric trigger, couldn’t they bypass the need for a re/insurers involvement? Could an investment bank do this for the broker as well, again negating the need for a re/insurer?
What volume of catastrophe bonds & ILS do you think will be issued in 2013?
- $6B to $8B (37%, 119 Votes)
- $10B+ (23%, 75 Votes)
- $8B to $10B (18%, 60 Votes)
- $4B to $6B (13%, 41 Votes)
- $2B to $4B (8%, 27 Votes)
- $0 to $2B (1%, 3 Votes)
Total Voters: 325
Please vote and if you have an opinion add a comment!
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