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Quake and windstorm could cost Validus $300m
12 March 2010
Validus Holdings, the Bermuda based provider of reinsurance and insurance, today provided an initial estimate of losses from the recent Chilean earthquake and European windstorm Xynthia.
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Validus Holdings, the Bermuda based provider of reinsurance and insurance, today provided an initial estimate of losses from the recent Chilean earthquake and European windstorm Xynthia.
Validus expects the Chilean earthquake will result in total insured industry losses between $4.0bn...
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