John Seo of Fermat has called for the catastrophe bond to be onshored, saying he believes this could drive greater adoption and market growth
Time to bring the cat bond onshore: Seo
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It’s time to bring the catastrophe bond onshore: John Seo
In order for the catastrophe bond market to meet its full potential John Seo of Fermat Capital Management LLC believes onshore United States options for issuers would be beneficial, saying it’s time this was seriously considered.
Seo said, “So Fermat, okay we’ll always be around. But we need a couple of dozen more Fermat’s, and you can only get that if you bring it onshore.”
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