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Cat bond spreads and multiples soar in busy opening quarter: Report

The catastrophe bond and related insurance-linked securities (ILS) market saw $3.3 billion of new risk capital issued in the first-quarter of 2023, but ....

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Andover Companies gets debut cat bond at upsized $175m with 19% price drop

The Andover Companies, a large mutual insurance group in the Northeast US, has now priced its debut Locke Tavern Re Ltd. (Series 2023-1) catastrophe bond ....

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