10/2/2013

Speculation is mounting about the introduction of a catastrophe bond covering Canadian threats only. Julie Dickson, who leads the Office of the Superintendent of Financial Institutions Canada, has spurred speculation by suggesting that insurers consider cat bonds. "Given that catastrophic risk seems to be growing, going forward we may also see insurers more actively expanding risk transfer mechanisms through Insurance Linked Securities," Dickson said. Register and get the early-bird rate for SIFMA's IRLS 2014 Conference, March 4-5 in New York City.

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