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ESG 'rapidly evolving' in cat bond market despite lack of deals
10 May 2021Willis Re Securities' Quentin Perrot tells Ahren Lester that 2021 could finally see the emergence of ESG-labelled cat bonds, as the insurance-linked security market increasingly takes its potential seriously
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Climate change "an important factor" in reinsurance renewals
06 January 2020The impact of climate change was "an important factor" during negotiations on the price of retrocession agreements in the 1 January renewals, according to Guy Carpenter.
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Outstanding risk capital in cat bond market soars to new high
04 February 2015Total risk capital in the catastrophe (cat) bond market reached a record high of $22.9 billion at the end of December, according to reinsurance broker Guy Carpenter.
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'St Jude' storm could cost UK insurers £500m
30 October 2013UK insurers could be hit by £300 million - £500 million ($480m-800m) of claims related to damage caused by the St Jude storm, which struck the UK on 28 October, broker Willis Re estimates.