Dirk Schmelzer outlined that while Plenum Investments expects another decrease in catastrophe bond risk spreads of around 10–15%, the market remains very healthy
Cat bond risk spreads likely to decrease 10-15%: Plenum | | | Cat bond risk spreads likely to decrease 10-15%, market remains very healthy: Plenum  Speaking during a recent webinar, Dirk Schmelzer, Senior Portfolio Manager for ILS at Plenum Investments AG, outlined that while the organisation expects another decrease in catastrophe bond risk spreads of around 10–15%, the market remains very healthy and is expected to expand further in both size and the range of risks transferred to the cat bond space. Schmelzer said: "Spreads tend to be very high at the beginning of the hurricane season and low at the end of the hurricane season and then increase again towards the next hurricane season. You can see that the spread actually has hovered around this long-term average, I would say, for the last approximately twelve months. "So of course, spreads are nowhere near the extraordinary high levels that we've seen post Hurricane Ian. But we are still in an environment where we feel adequately compensated for the risk and very close to historical norms. The question is, where do we go from here? Read the full story. Other articles: | | | | | | Please share this with colleagues and friends if you think they would like to receive it.
If you've been forwarded this but want to subscribe, visit Artemis.
| | | | | | You may be receiving this because you recently attended an industry event we partnered with, giving us permission to email you. If you don't want to receive our weekly ILS, catastrophe bond and reinsurance capital newsletter please Unsubscribe or Edit your subscription here .
© Steve Evans Ltd. - Artemis.bm
| | | |
No comments:
Post a Comment