The Swiss reinsurer says it has purchased a cover against natural catastrophes protecting it up to an additional 120 million EUR (161 million USD) until March 2013.
Thanks to this cover, Swiss Re is getting insured against the risks of hurricanes in the North Atlantic region, storms in Europe and earthquakes in California and Japan.
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[3] https://www.atlas-mag.net/en/issue/the-precautionary-principle