Three CAT bonds are expected to be brought to market in late January or in February, according to a publication called The Insurance Insider, boosting the insurance-linked securities (ILS) pipeline.

The report said that Marsh & McLennan Cos.  unit Guy Carpenter & Co. and Aon Corp. unit Aon Benfield along with Deutsche Bank  are coming to ILS investors in early January with with three different transactions that sources of the The Insurance Insider said will "look like and smell like a typical CAT bond, but be improved with regard to collateral."  The three said firms declined to comment, according to the report.

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