February ice blast leaves lingering cool in the air
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February ice blast leaves lingering cool in the air

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It's difficult to get a temperature reading on the ILS market at the moment: on one side, cat bonds are rolling off the issuance line at pace, with sponsors frequently achieving significantly better pricing than they were expecting.

But on the other, overall sentiment is fairly subdued and the February winter storm has left an ugly dent in Q1 returns during what is usually a light phase for cat activity, and one in which there is little...

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