The Bermuda Stock Exchange (BSX) has reported record insurance-linked securities (ILS) listings in 2016.
More than 60 ILS listings worth $6.16 billion were floated on the BSX last year.
These included seven new variable rate note programmes and 19 new notes under established programmes.
In total, the number of ILS listed vehicles on the BSX increased from 151 to 175, a 16 percent increase.
The overall value of these securities increased from $19.21 billion to $21.22 billion, a 10 percent increase.
BSX president and CEO Greg Wojciechowski commented: “The accomplishments of the BSX to date and in particular this year’s results are directly attributable to the hard work of a dedicated team of world class stock exchange professionals that manage and operate the Exchange on a daily basis.”
