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US storms could cost Tower Group $9.1m

31 March 2010

Tower Group has estimated that its total net losses from the northeast US storm that took place during March 13 to 15, 2010 will be in the range of $7.2m to $9.1m after tax, or $0.16 to $0.20 per diluted share.

Read more: Tower Group northeast US storm March 13

Tower Group has estimated that its total net...


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

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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