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In the aftermath of Hurricane Andrew's $15.5 billion in insured losses in 1992, insurance-linked securities emerged to distribute a portion of future property-catastrophe risk to investors. At the ...
Insurance-linked securities reached their second-highest issuance levels ever in 2018, though the fourth quarter ended with a whimper. Total issuance for the year reached $9.7 billion through 29 ...
For the last several years, participants in the insurance-linked securities (ILS) market have frequently discussed the question of market expansion. In a market with consistently declining property ...
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