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Flooding in France and Italy to become the latest large insured loss

Flooding caused by torrential rainfall across parts of southern France and Italy is likely to become the next big insured loss to hit the re/insurance industry this year. The rainfall was triggered from a rare extratropical storm in the Mediterranean which began as a low pressure system and resulted in read the full article →

Green Fields Capital Ltd. catastrophe bond being marketed by Swiss Re

Yet another catastrophe bond is coming to market in this busy last quarter of 2010. The pipeline has almost never been so full with such a range of deals and risks. This latest cat bond, Green Fields Capital Ltd., is being issued on behalf of Swiss Re to provide them read the full article →

Windstorm Xynthia hammers France; no initial impact to catastrophe bonds expected

Windstorm Xynthia tracked across northern France and into Germany on Saturday 27th and Sunday 28th February. Wind speeds recorded reached as much as 30 meters per second and a tidal surge (which coincided with spring tides) impacted the French Atlantic coast causing major damage and flooding. 50 people have been read the full article →