Travelers (TRV) raised $500M in a recent sale of catastrophe bonds - which allow investors to...

|About: The Travelers Companies... (TRV)|By:, SA News Editor

Travelers (TRV) raised $500M in a recent sale of catastrophe bonds - which allow investors to bet against natural disasters - the biggest issuance this year. "We got some distance from the fixed-income crisis and the market appetite for risk has come back," one risk strategist explains.