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ILS issuance may top $5bn in 2012: Willis
09 February 2012
Cat bond issuance continued to recover through the fourth quarter of 2011 according to the broker.
Risk Management Solutions
Final figures for insurance-linked securities (ILS) issuance in
2011 show that the total for the year fell only $500m short of
According to Willis, the total non-life issuance reached $4.3bn
in 2011 following a strong rally in the fourth
The fourth quarter is traditionally the most active for
issuance, Willis said, and the last three months of 2011 saw
nine new issues, totalling $2bn.
This marks a continuation of the recovery in issuance
following an uncertain start, which Willis attributes to
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