More than $1bn of perils based limits place in 2010
Perils AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data, has today announced that total placements of insurance risk transactions based on the Perils industry loss index to date in 2010 have exceeded $1bn.
During the period 1 January to 15 December 2010, a total of $1.05bn of Perils-based capacity was placed in the capital and reinsurance markets.
$620m of this capacity was in the form of insurance-
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