最新报道:Insurance catastrophe bond sales reached a new record high of $15 billion in the first half of 2025, driven by escalating climate-related disasters and growing investor demand for alternative risk transfer instruments. The surge comes as insurers seek to offload exposure to hurricanes, wildfires, and floods through these securities, which transfer disaster risks to capital markets. Major issuers include global reinsurers like Swiss Re and Munich Re, while pension funds and hedge funds are increasingly buying these high-yield bonds. Analysts note the market has expanded beyond traditional perils to cover emerging climate risks, with some bonds now linked to extreme heat waves and sea level rise.