MTA says $200mn Metrocat Re cat bond helped overcome dearth of reinsurance options
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MTA says $200mn Metrocat Re cat bond helped overcome dearth of reinsurance options

31 July 2013
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The MTA says it plans to be a long term buyer of alternative reinsurance after its debut cat bond helped it overcome a shortage of traditional reinsurance options after last year's superstorm Sandy.

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News Catastrophe bonds
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