A defining year for Cat bonds
After a good start in 2008, the market for Cat bonds just stopped, says David Priebe. The worldwide meltdown has left 2009 unpredictable, can Cat bonds show their resilience?
The catastrophe bond year ended back in July, and two quarters of virtual silence have signalled an abrupt change in the market. After 2006 and 2007, we had become accustomed to record-setting
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