Cayman Islands stock exchange now lists over $7.7B in catastrophe bonds


The Cayman Islands Stock Exchange really is the dominant domicile of choice for catastrophe bond listings at the moment. Bermuda is trying to attract new listings with it’s new regulations which make listing easier than before, but with just over $1B of listed cat bonds (as we wrote about recently)  it has a way to go to catch up.

The Cayman Islands now has over $7.7B worth of catastrophe bonds listed on its stock exchange (full story on HedgeWeek). That equates to 74 series of bonds all listed since April 2007 . The legal and regulatory environment in the Cayman Islands is very attractive to cat bond sponsors, it will be interesting to see if Bermuda can continue to eat into their lead or whether other domiciles could see an opportunity to offer further alternative locations for insurance linked securities.

Survey imageAlongside our sister publication Reinsurance News, we’ve launched a new survey for the insurance, reinsurance and insurance-linked securities (ILS) industry, asking for your opinion on the market implications of the Covid-19 coronavirus pandemic. Answer our survey here.

Read Covid-19 coronavirus related news & analysis here.

Print Friendly, PDF & Email

Artemis Newsletters and Email Alerts

Receive a regular weekly email newsletter update containing all the top news stories, deals and event information

  • This field is for validation purposes and should be left unchanged.

Receive alert notifications by email for every article from Artemis as it gets published.

Read previous post:
WSI lowers their hurricane season forecast (by one)

You may be forgiven for thinking that hurricane forecasters were being overzealous with their predictions. The high number of storms...