Cat bond capacity crunch could be prolonged after turbulent May
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Cat bond capacity crunch could be prolonged after turbulent May

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Cat bond cedants and their brokers have adopted a creative approach to placing risk in Q2, with deals having frequently restructured, resized and repriced so that they could get done.

The impact of a tighter market showed up in a string of deals consistently pricing well above guidance rates, with a high number of cat bond layers pulled from the market – patterns rarely observed on the ILS markets.

However,...

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