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Catastrophe bond issuance likely to remain strong in 2016: Fitch

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Fitch Ratings Ltd. has said that catastrophe bond issuance is likely to remain strong in 2016, reported Artemis.bm.

"Conditions remain favorable for new and returning sponsors; however, growth in total outstanding issuance will be limited as maturities offset much of the new issuance," said the rating agency. Investor appetite for access to catastrophe bonds is likely to remain strong, Fitch said.

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