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Cat bond and ILS pricing to remain stable: Munich Re

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Munich Reinsurance Co. has said that it expects catastrophe bond and insurance-linked securities pricing to continue stay even with 2013 levels, Artemis.bm reports.

Several investors have told Artemis.bm that no further price declines is likely for some perils. Strong issuance is expected in the catastrophe bonds and ILS market in the fourth quarter of 2014, said Munich Re. The reinsurer said investors lately have preferred cat bonds with a higher risk level in the secondary market, Artemis.bm reports.

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