Insurance: Nephila Capital
What are some of the more recent developments in the field of insurance related investing?
- In the context of new issuance
Issuance of catastrophe bonds is slightly down for 2008 at just under USD3bn year to date(relative to the record highs of 2007 at roughly USD8bn for a full year, but there are a range of other instruments - such as industry loss warranty contracts, exchange-traded futures and direct reinsurance policies, in which managers can invest.
Read the whole story...