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Willis Capital Reports Strong Growth in Cat Bond Market; $1.3 Billion in Q1

The latest Insurance-Linked Securities (ILS) Market Update from Willis Capital Markets Advisory (WCMA), partial of tellurian word attorney Willis Group Holdings, records a “record distribution in a disaster bond marketplace in a initial entertain of 2012, with 8 new non-life issues providing over $1.3 billion of risk capital.

WCMA’s total are rather reduce than a $1.49 billion supposing by Aon Benfield in a similar news on word related securities.

The quarterly news titled, “Strong Start to 2012 Sees Record First Quarter Issuance”, remarkable that a “market had $13.3 billion of superb non-life ability during a finish of a initial quarter, two-thirds of that is unprotected to U.S. whirly risk of some form.”

WCMA’s news facilities an talk with Frank Majors of Nephila Capital, who “comments on a growth of financier approval of a ILS marketplace and argues that resources underneath government will grow significantly as a marketplace evolves and that collateral should upsurge to a rise risks where it is many needed.” 

Bill Dubinsky, Head of ILS during WCMA, indicated that a “market’s clever movement from late 2011 has continued into a initial entertain of 2012.  Although widespread levels have widened somewhat, we trust a middle tenure opinion for a marketplace stays encouraging.  Growth in insured exposures should continue to expostulate collateral markets’ impasse in a disaster risk sector.”

Source: Willis Capital Markets Advisory

Source: Article Source

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