Catastrophe bond issuance hits record $8.8 billion in 2014, Artemis reports

LONDON, Jan. 5, 2015 /PRNewswire/ — The amount of catastrophe bonds and insurance-linked securities (ILS) issued reached a record level in 2014, according to Artemis.bm, a leading online source of news, analysis and data on the growing ILS, catastrophe bond and alternative reinsurance capital markets. Artemis.bm recorded $8.8 billion of new catastrophe bond and insurance-linked securities…