Market Analysis
Historical Cat Bond Returns: Swiss Re Index Data 2002–2025
Swiss Re Global Cat Bond Total Return Index (SRGLTRR) annual returns 2002–2025: 23 out of 24 years positive. +19.7% in 2023, +17.3% in 2024, +11.4% in 2025. Only loss year: 2022 (Hurricane Ian). How cat bonds compare to equities, credit, and Treasuries across crisis periods.