Cat futures drop 10% as wind season approaches; underwriters rein in price expectations
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Cat futures drop 10% as wind season approaches; underwriters rein in price expectations

22 May 2009
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Catastrophe futures pricing has softened up to 10 percent for US wind contracts in recent weeks, as traders seek to deploy capital ahead of the North Atlantic hurricane season which starts on 1 June, according to reinsurance broker Tradition...

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