NU Online News Service, Feb. 10, 2:57 p.m. EST

Insurance-linked securities had another active fourth quarter, but did not break any placement records for 2011 according to a report from Willis Group Holdings.

In its “ILS Market Update” Willis says 2011 fourth-quarter catastrophe bond issuance came in at close to $2 billion compared to the previous year's $2.02 billion.

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