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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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