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China Pacific raises $3.1bn

18 December 2009

China Pacific Insurance has issued $3.1bn in an initial public offering in Hong Kong, Financial Times reports

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China Pacific Insurance has issued $3.1bn in an initial public offering in Hong Kong, Financial...


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Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

Less than $3bn
0%
$3bn-$4bn
43%
$4bn-$5bn
29%
$5bn-$6bn
14%
$6bn-$7bn
14%
More than $7bn
0%

Quote

If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield