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  <url>
    <loc>https://www.insurancecapitaldaily.com/story/82-decides-what-japan-s-11-is-worth</loc>
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      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-25T20:34:05.176Z</news:publication_date>
      <news:title>82% decides what Japan's 11% is worth</news:title>
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  <url>
    <loc>https://www.insurancecapitaldaily.com/story/785-billion-is-bidding-against-itself-at-the-top-of-the-tower</loc>
    <news:news>
      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-25T18:28:22.622Z</news:publication_date>
      <news:title>$785 billion is bidding against itself at the top of the tower</news:title>
    </news:news>
  </url>
  <url>
    <loc>https://www.insurancecapitaldaily.com/story/the-small-loan-convexity-hedge-in-agency-mbs-is-wearing-out</loc>
    <news:news>
      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-25T17:32:53.807Z</news:publication_date>
      <news:title>The small-loan convexity hedge in agency MBS is wearing out</news:title>
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  <url>
    <loc>https://www.insurancecapitaldaily.com/story/insurers-should-buy-the-takeout-not-the-bridge-loan</loc>
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      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-25T16:02:22.386Z</news:publication_date>
      <news:title>Insurers should buy the takeout, not the bridge loan</news:title>
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  </url>
  <url>
    <loc>https://www.insurancecapitaldaily.com/story/naic-answers-warren-with-a-1-2-trillion-private-credit-perimeter-and-the-charge-</loc>
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      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-25T15:24:35.415Z</news:publication_date>
      <news:title>NAIC answers Warren with a $1.2 trillion private credit perimeter and the charge behind it</news:title>
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  <url>
    <loc>https://www.insurancecapitaldaily.com/story/record-reinsurance-capital-is-not-closing-the-catastrophe-gap</loc>
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      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-25T15:17:23.485Z</news:publication_date>
      <news:title>Record reinsurance capital is not closing the catastrophe gap</news:title>
    </news:news>
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  <url>
    <loc>https://www.insurancecapitaldaily.com/story/rowan-draws-the-line-and-bermuda-is-the-destination</loc>
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      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-25T12:14:16.938Z</news:publication_date>
      <news:title>Rowan draws the line, and Bermuda is the destination</news:title>
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  <url>
    <loc>https://www.insurancecapitaldaily.com/story/fitch-s-86-per-cent-on-terms-outranks-its-60-on-price</loc>
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      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-25T10:05:59.897Z</news:publication_date>
      <news:title>Fitch's 86 per cent on terms outranks its 60 on price</news:title>
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  <url>
    <loc>https://www.insurancecapitaldaily.com/story/rowan-wants-the-cayman-arbitrage-closed-bermuda-wins-if-it-is</loc>
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      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-25T10:03:58.666Z</news:publication_date>
      <news:title>Rowan wants the Cayman arbitrage closed. Bermuda wins if it is.</news:title>
    </news:news>
  </url>
  <url>
    <loc>https://www.insurancecapitaldaily.com/story/moody-s-700b-gap-is-a-terms-test-for-ils</loc>
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      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-25T04:42:45.570Z</news:publication_date>
      <news:title>Moody's $700B gap is a terms test for ILS</news:title>
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  </url>
  <url>
    <loc>https://www.insurancecapitaldaily.com/story/liberty-mutual-builds-its-own-structurer-for-large-commercial-risk</loc>
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      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-25T04:41:11.952Z</news:publication_date>
      <news:title>Liberty Mutual builds its own structurer for large commercial risk</news:title>
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  </url>
  <url>
    <loc>https://www.insurancecapitaldaily.com/story/the-general-account-s-constraint-is-capital-text-not-yield</loc>
    <news:news>
      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-24T19:02:39.974Z</news:publication_date>
      <news:title>The general account's constraint is capital text, not yield</news:title>
    </news:news>
  </url>
  <url>
    <loc>https://www.insurancecapitaldaily.com/story/premia-re-s-a-rests-on-a-very-strong-balance-sheet</loc>
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      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-24T18:57:14.560Z</news:publication_date>
      <news:title>Premia Re's A- rests on a very strong balance sheet</news:title>
    </news:news>
  </url>
  <url>
    <loc>https://www.insurancecapitaldaily.com/story/aon-s-quota-share-moves-the-soft-market-s-margin-up-a-layer</loc>
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      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-24T16:03:30.931Z</news:publication_date>
      <news:title>Aon's quota share moves the soft market's margin up a layer</news:title>
    </news:news>
  </url>
  <url>
    <loc>https://www.insurancecapitaldaily.com/story/am-best-turns-positive-on-palms-as-the-a-stays-put</loc>
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      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-24T15:57:52.105Z</news:publication_date>
      <news:title>AM Best turns positive on Palms as the A stays put</news:title>
    </news:news>
  </url>
  <url>
    <loc>https://www.insurancecapitaldaily.com/story/mexico-s-175-million-cat-bond-may-pay-on-a-miss</loc>
    <news:news>
      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-24T12:12:52.452Z</news:publication_date>
      <news:title>Mexico's $175 million cat bond may pay on a miss</news:title>
    </news:news>
  </url>
  <url>
    <loc>https://www.insurancecapitaldaily.com/story/resilience-pricing-runs-through-triggers-not-granular-models</loc>
    <news:news>
      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-24T11:28:33.303Z</news:publication_date>
      <news:title>Resilience pricing runs through triggers, not granular models</news:title>
    </news:news>
  </url>
  <url>
    <loc>https://www.insurancecapitaldaily.com/story/aon-s-quota-share-puts-a-price-on-the-lead-market-s-work</loc>
    <news:news>
      <news:publication><news:name>Insurance Capital Daily</news:name><news:language>en</news:language></news:publication>
      <news:publication_date>2026-09-24T09:14:58.896Z</news:publication_date>
      <news:title>Aon's quota share puts a price on the lead market's work</news:title>
    </news:news>
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