Farmers ploughs new furrow with $500mn contingent capital deal
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Farmers ploughs new furrow with $500mn contingent capital deal

16 July 2007
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US insurer Farmers Insurance Exchange has acquired the right to issue $500mn of regulatory capital if it suffers a severe US natural catastrophe loss in the next five years in a pioneering transaction first reported by The Insurance Insider...

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News July 2007/4
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