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Best’s News & Research Service subscription required - June 02, 2023 03:58 PM (EDT)

New Zealand Places Record $5 Billion Quake Reinsurance Program With First-Time Cat Bond Cover

The New Zealand Earthquake Commission said it secured a record amount of reinsurance totaling nearly NZ$8.2 billion ($4.84 billion) with a portfolio that includes catastrophe bonds, a first for . . .

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