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Cat bond issuance rises nearly 80%

Posted On: Jan. 3, 2018 4:37 AM CST

Catastrophe bond issuances grew 78% to $12.5 billion in 2017, compared with more than $7 billion in 2016, Artemis.bm reports. The outstanding cat bond market grew 16% to more than $31 billion, while new cat bond issuance transactions totaled 62 in 2017.

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