Pool Re expands terror retro placement
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Pool Re expands terror retro placement

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Terrorism reinsurer Pool Re has completed a £2.5bn ($3.3bn) placement, up from £2.475bn, of its retro programme with more than 50 international insurers.

The placement was led by Munich Re, with Hannover Re and Fidelis also providing significant capacity.

Pool Re’s coverage includes property damage from nuclear, biological, chemical and radiological attacks, cyber-triggered losses, as well as conventional terrorist attacks.

The

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