The catastrophe bond market proved to be a pretty safe place to invest last year, notwithstanding the damage Hurricane Sandy inflicted on the eastern seaboard of the U.S.

Swiss Re’s global catastrophe bond index posted a total return of 10.28% for 2012, helped by the strong performance of the largest deal ever. The market closed the year with record outstanding issuance of $14.6 billion, bolstered by $5.45 billion issued in 2012.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.