After seizing up last year because of the problems at Lehman Brothers and American International Group (AIG) -- and the effects they had on credit markets -- cat bonds got off to a slow start this year. However, the latest bond to come to market, from Travelers (TRV), pushes the 2009 cat bond issuance volume past $3 billion, according to Thomson Reuters.
Read Original Post By:TOM JOHANSMEYER
Cat Bond Market Pushes Past $3 Billion
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