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Munich Re seeks investor support to renew Eden Re II reinsurance sidecar for 2016

Posted On: Nov. 24, 2015 12:00 AM CST

Munich Reinsurance Co. is looking for investor support to renew its fully-collateralized reinsurance sidecar Eden Re II Ltd. for 2016, Artemis.bm reported.

Munich Re is looking to raise up to $430 million through the sidecar in 2016.

The sidecar covers natural catastrophe perils.

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