Cat Bonds Are Growing

Green, Meg
November 2009
Best's Review;Nov2009, Vol. 110 Issue 7, p61
Trade Publication
The article reports on the increase of the catastrophe bond market in 2009 in the U.S. Judith Klugman, managing director of insurance linked for Swiss Reinsurance Co. Ltd.'s capital markets division, says that compared to the other asset class, it is superior despite the notion of being an illiquid market and were not easily affected by the ups and downs in the market. Moreover, there are nine cat bond transactions issued in the first half of 2009, amounting risk capital of 1,38 billion dollars.


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