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Market stress is hampering bond issuance, particularly deals to finance acquisitions.

COO Friedman says several companies have delayed plans to go public.

COO Friedman says several companies have delayed plans to go public.

Coverage has made inroads into specialty lines; interest in contingent business income remains elevated in the wake of catastrophes disrupting supply chains.

Coverage has made inroads into specialty lines; interest in contingent business income remains elevated in the wake of catastrophes disrupting supply chains.

Increased premiums means it's cheaper to issue bonds to fund pension plan, Russell says.