Amlin, a UK reinsurance company, has issued a $200 million catastrophe bond. The deal, Tramline Re II, transfer the risk of catastrophic damage from US named storm, US earthquake and European windstorm perils.

 It brings total issuance of catastrophe bonds and other insurance-linked securities for 2014 to $8.718 billion, and puts outstandings at a record $25 billion, according to Artemis. By comparison, at the end of 2013 there was $20.5 billion outstanding.

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.