The rating assignments reflect solid risk-adjusted capitalisation, leading market profile in commercial and personal lines and positive operating and underwriting results.
Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?
If last year was the year of the cat, then this year could be the year of the debt crisis.
Mike Van Slooten, head of international market analysis at Aon Benfield