Even though the market is challenging, the number of catastrophe bonds issued this year has increased over last year. So far this year, 6 new sponsors successfully placed their first catastrophe bonds, indicating continued growing interest in the catastrophe bond product.
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The GC Securities* team complements our reinsurance brokerage colleagues to extend the range of risk-transfer solutions and advisory services for clients. GC Securities delivers analysis, innovative solutions and execution as stages in a single client relationship, not a series of one-off engagements with different business units. This holistic approach extends beyond Guy Carpenter to the resources of all Marsh McLennan companies.
*Securities or investments, as applicable, are offered in the United States through GC Securities, a division of MMC Securities LLC, a US registered broker-dealer and member FINRA/NFA/SIPC. Main Office: 1166 Avenue of the Americas, New York, NY 10036. Phone: (212) 345-5000. Securities or investments, as applicable, are offered in the United Kingdom by GC Securities, a division of MMC Securities Ltd., which is authorized and regulated by the Financial Conduct Authority. Securities or investments, as applicable, are offered in the European Economic Area by GC Securities, a division of MMC Securities (Ireland) Ltd., which is authorized and regulated by the Central Bank of Ireland, reference number C447471. Reinsurance products are placed through qualified affiliates of Guy Carpenter & Company, LLC. MMC Securities LLC, MMC Securities Ltd., MMC Securities (Ireland) Ltd. and Guy Carpenter & Company, LLC are affiliates owned by Marsh McLennan. This communication is not intended as an offer to sell or a solicitation of any offer to buy any security, financial instrument, reinsurance or insurance product.