BNY Mellon has forecast that total outstanding cat bonds in the market will more than double from the current level of $19bn to $50bn by the end of 2018, with the entire convergence sector trebling in size.
BNY Mellon has forecast that total outstanding cat bonds in the market will more than double from the current level of $19bn to $50bn by the end of 2018, with the entire convergence sector trebling in size.