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Property Catastrophe Bond Placement Reaches Record in 2020 and Q4: Aon February 4, 2021 Approximately $11 billion of property catastrophe bond limit was placed in 2020, the highest on record, according to a new Aon report that projects the growth momentum will continue in 2021. While the year was a record for cat bond issuance, results for the 2020 fourth quarter also broke new ground. Q4 issuance reached a record $3.7 billion, Aon said in its report titled “Insurance-Linked Securities — Aon Securities Q4 2020 Update.” Aon tracked 46 property/casualty...