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International

ILS accounts for 25% of global cat reinsurance capacity: Swiss Re

May 22, 2019 Reprints

Swiss Re Ltd. said that alternative reinsurance capital currently accounts for 25% of global catastrophe capacity and is broadly deployed to cover major catastrophe losses worldwide, Artemis.bm reports. The reinsurer said that insurance-linked securities accounted for up to 30% of losses related to the 2017 hurricanes, Harvey, Irma and Maria.

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ILS accounts for 25% of global cat reinsurance capacity: Swiss Re

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