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In PWD coverage since August 20, 2026 · 5 stories
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ILS moves beyond weather: sidecars take on M&A risk

Record reinsurer profits are pushing insurance-linked capital into transactional risk. Aon, Hannover Re, and Twelve Securis are building the structures.
THE DESK BRIEF

Flows, fee cuts, and closure risk on the funds you watch — every trading morning.