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ARTICLE · 03 OCTOBER 2023

Expect A Busy Year-End For Cat Bonds And Sidecars

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History has shown that in both soft and hard markets, the final quarter of the year is always busy, and this could be especially true this year with a solid pipeline of both cat bonds and sidecars...

BermudaInsurance
Brad Adderley
Brad Adderley
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Click here to view the Artemis Q3 2023 Catastrophe Bond & ILS Market Report.

History has shown that in both soft and hard markets, the final quarter of the year is always busy, and this could be especially true this year with a solid pipeline of both cat bonds and sidecars, according to Brad Adderley, Bermuda Managing Partner, Appleby.

After a record-breaking first six months for the catastrophe bond market, issuance has slowed in the third quarter, which is typically the least active period for the sector.

In the final quarter of the year, however, issuance levels tend to pick up ahead of the January renewals, and when you consider the current re/insurance market landscape, it looks set to be a busy year-end for the space.

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