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Record cat bond issuance boosts ILS market: AM Best

September 6, 2023

In a recent market analysis, AM Best’s report reveals that the insurance-linked securities (ILS) market is experiencing favourable conditions, resulting in advantageous terms and conditions for renewed and new programs.

This has led to a significant surge in yields for both ILS funds and catastrophe bonds. The report, titled “Cat Bonds Lift a Muted ILS Market,” is part of AM Best’s comprehensive assessment of the global reinsurance industry in preparation for the Rendez-Vous de Septembre in Monte Carlo

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