CHICAGO, July 28, 2020 – Aon plc (NYSE:AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today lauches its Insurance-Linked Securities Q2 2020 Update report, available now at the following link:
Published by Aon Securities, key findings of the report include:
• There was a total of USD2.8 billion of property cat bond limit placed in the second quarter of 2020 totalling USD6.5 billion issued for the year to date
• 2019 saw a total of USD5.4 billion in property cat bond limit placed for the entire year. There is already a 20% increase in total issuance at the halfway mark for 2020
• Total issuance for 2020 is made up of 27 Property and Casualty transactions completed by 24 sponsors with an average deal size of USD241 million, versus 23 transactions completed by 21 sponsors in 2019
• The ILS market has proven to be resilient as the Aon ILS Index remained relatively stable compared to most other market indices after the outbreak of the COVID-19 pandemic
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