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Reprints
Issuance of property catastrophe bonds in 2021 is expected to surpass 2020’s record levels and reach $12 billion, as an increasing number of maturing cat bonds are likely to be renewed, Artemis reported. Entry of new sponsors is also expected to drive the cat bond market, keeping it bustling with activity throughout 2021, after the market topped $10 billion in 2020.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms