Swiss Re cat bond index continues its climb

The Swiss Re Cat Bond Total Return Index continues it’s climb as the catastrophe bond market continues to look more and more healthy. We reported in last months index update that it had reached an all time high, that high has been surpassed this month. With investor appetite rising for cat bonds, as evidenced by the recent transactions which have increased in size due to that demand, yields are pushing ever upwards. Here’s the latest chart taken from Bloomberg (where you can chart the index for yourself) today.