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Swiss Re faces $500m Chile quake bill

10 March 2010

Swiss Re said Wednesday it expects around $500m in claims from the earthquake in Chile, and around $100m in claims from European winter storm Xynthia.

Read more: Swiss Re Chile Xynthia winter storm earthquake

Swiss Re said Wednesday it expects around $500m in claims from the earthquake in Chile, and around $100m in...


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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
44%
$4bn-$5bn
22%
$5bn-$6bn
11%
$6bn-$7bn
22%
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