Key Points
- Catastrophe bonds are known to offer highly attractive equity-like returns, low volatility and low correlation to broader financial markets.
- A subset of insurance-linked securities, CAT bonds have emerged as an increasingly mainstream financial instrument for investors.
- “It was just a shift, I think, mentally for everybody that looks at this space. We expect that now to continue from here on in,” Andy Palmer, head of ILS structuring for EMEA and APAC at Swiss Re, told CNBC by video call.
cnbc.com
by Sam Meredith
Mon, Feb 2 2026