Spanish market faced with unexpected EUR600mn Klaus bill
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Spanish market faced with unexpected EUR600mn Klaus bill

16 March 2009
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Spain's state-sponsored natural catastrophe and terrorism programme, the Consorcio de Compensación de Seguros (Consorcio), is locked in a serious disagreement with the commercial (re)insurance market over its alleged failure to pick up a EUR600mn tab following January's windstorm Klaus.

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