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Swiss Re places $125m Parkton Re catastrophe bond

11th July 2009

Swiss Reinsurance America Corp. has returned to the cat bond market to issue the third deal this year involving Swiss Re. Parkton Reinsurance Ltd. is a Cayman Islands special purpose vehicle set up to issue a $125m bond on behalf of two North Carolina nonprofit insurance associations (the North Carolina Joint Underwriting Association and the […]

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