Expenses of providing a service. The frictional cost can include the commissions and fees, research time, tax implications and the time value of money associated with the transaction, among others.
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Latest cat bond and ILS deals
| Issuer | Size | Date |
|---|---|---|
| Hestia Re 2026-1 | $300m | Apr 2026 |
| Sabine Re 2026-1 | $100m | Mar 2026 |
| Abacab Re 2026-1 | $100m | Mar 2026 |
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| Citrus Re 2026-1 | $250m | Mar 2026 |
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