Swiss Re calls for primary rates to reflect cat loss reality
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Swiss Re calls for primary rates to reflect cat loss reality

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Swiss Re anticipates losses from this month’s central European floods and riots in South Africa to run into the mid-triple-digit millions of dollars.

On a call to discuss the carrier’s first-half results today, CFO John Dacey said the two events could run up a loss of up to $500mn but stressed that not all of the South African loss would fall into...

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