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Alternative reinsurance capital declines 4% after cat losses

Posted On: Jul. 11, 2019 5:45 AM CST

U.K.-based Aon P.L.C. said that the volume of alternative capital in the global reinsurance market declined about 4% to $93 billion in the first quarter, driven by catastrophe losses in the collateralized reinsurance segment, reports. The insurance broker said that traditional reinsurers increased their capital base by 5%, to $512 billion.

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