The past year has proven to be a good year for the insurance sector in relation to its ability to raise capital from investors. The debt capital markets have been consistently open throughout the year, bankers say, in contrast to 2011, with insurers at the forefront of debt issuance. Debt issuance for European insurers in 2012 was $23.5 billion (£14.6 billion), according to Dealogic.
International insurer Zurich Insurance Group’s $500 million perpetual subordinated debt transaction in January 20
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