USAA and XL pay out to secure cat bond top-ups
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USAA and XL pay out to secure cat bond top-ups

Fiona Robertson, 
Sofia Geraghty
07 November 2017
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Regular insurance-linked securities (ILS) sponsors USAA and XL Catlin have topped up their cat bond cover in the first transactions completed after the 2017 hurricane losses, with pricing on the deals showing an increase in rates.

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