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According to the Artemis Deal Directory, catastrophe bond and related insurance-linked securities issuance have reached almost $2.5 billion in the first quarter, Artemis reported. There are still five new cat bond issues worth $750 million of risk capital slated for the first quarter and, if placed, they could take the overall issuance for the period to $3.25 billion.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees