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New capital muscles into the reinsurance business

Hedge funds, pension funds and wealth managers are among the newer investors reshaping the way that reinsurance operates and prices risk. These non-traditional investors like the returns available and the lack of correlation with other capital markets. But do they fully appreciate the risks? Sarfraz Thind reports

2438

Citizens readies $750m Florida cat bond, biggest in history

Deal larger than all issues in Q2 of 2011