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Alternative capital accounts for 4% of nonlife insurance sector

Posted On: Apr. 12, 2019 6:17 AM CST

Swiss Re Ltd. said that alternative capital currently accounts for 4% or $80 billion of the $2-trillion global nonlife insurance and reinsurance sector's capital base, reports. Swiss Re said the volume of insurance-linked securities, catastrophe bonds, and alternative capital is expected to grow further driven by low costs and improvements in risk modeling.

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