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Swiss Re secures nat-cat buffer of $400m via bond market

Dark storm clouds and lightning broken by the sun shining down onto a calm sea

Swiss Re has obtained an extra $400m in natural-catastrophe protection via a catastrophe bond through newly formed issuer Mythen Ltd.

The flexible programme allows Swiss Re to cede wind risks in Europe and the US to the capital markets. It is the latest in a series of bonds issued by the reinsurer since 1997.

Mythen Ltd is an

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Paul Morden, Munich Re

Paul Morden, CEO of Munich Re UK’s branch is responsible for shaping and delivering reinsurance strategy across the UK and Ireland.

Jason Richards, Swiss Re

As CEO for UK & Ireland at Swiss Re, Jason Richards sits at the centre of one of the most influential reinsurance platforms in the London market, shaping how insurers respond to an increasingly volatile and complex risk environment.

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