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Article: Spreading, the risk: the capital markets have acquired a healthy appetite for insurance-linked securities as a supplement to traditional reinsurance. Proponents say tightening spreads will elicit further interest in these products. Others are less sanguine.(SPECIAL REPORT: REINSURANCE)
- Article from:
- Risk & Insurance
- Article date:
- September 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 Axon Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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When insurance-linked securities emerged a decade ago, buyers were largely reinsurance companies that took advantage of the opportunity the bonds afforded sponsors to insure themselves against major, natural catastrophes. Reinsurers, and some insurers, also represented the vast majority of the investors in the bonds.
Over the last 10 years, the sponsor base has expanded to include insurers and a smattering of large corporations. At the same time, the range of events covered has broadened from natural catastrophes--largely hurricanes and earthquakes--to the risk of cancellation of the World Cup, industrial casualty and mass death. A whole separate category of the ...
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Article: IQPC's Finance IQ Launches Catastrophe Bonds & Insurance ...
PR Newswire;
October 6, 2006 ;
606 words
...NEW YORK, Oct. 6 /PRNewswire/ -- 14 years ... have sponsored and issued 30+ insurance linked securities with a face value of $9 billion. Analysts ... Held on December 12th - 13th, 2006 in New York City, the conference will feature ...
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