Cat bond market need sustained inflow of sponsors: Fitch

U.S.-based Fitch Ratings Inc. has said that catastrophe bond and insurance-linked securities sector needs a continuous flow of new sponsors to stay dynamic, Artemis reported. A lack of new sponsors along with high volume of scheduled maturities, higher losses, and investor retrenchment in collateralised reinsurance have slowed down the catastrophe bond market in recent years.

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