Cat bond sponsor recovery rate was 3% in 1997-2023: Swiss Re
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Cat bond sponsor recovery rate was 3% in 1997-2023: Swiss Re

The vast majority of 2023 recoveries were from events in prior years.

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The cumulative sponsor recovery rate on cat bonds was 3% on a reported loss basis from 1997 to the end of 2023, new analysis from Swiss Re Capital Markets (SRCM) has shown.

The

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