The Property Claim Services (PCS) cat loss index has been used as a trigger in 53 percent of cat bonds issued this year, up from 44 percent of bonds issued in the same period in 2011, PCS said.
The Property Claim Services (PCS) cat loss index has been used as a trigger in 53 percent of cat bonds issued this year, up from 44 percent of bonds issued in the same period in 2011, PCS said.