The insurance marketplace has been in a ‘soft’ phase for several years. The hallmarks of a soft market are an oversupply of insurance capacity and, with it, a downward pressure on pricing. There is no sign this is about to…
Read more →In its Second Quarter 2014 update, Aon Benfield Securities reported that catastrophe bond issuance hit a record high US$ 4.5 billion – the most of any quarter in the history of the insurance-linked securities (ILS) market. The growth of the…
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