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Majority of catastrophes not insured: Swiss Re study

ZURICH, Switzerland—Developing countries with little insurance penetration bore the brunt of natural and man-made catastrophes in 2006, according to a study by Swiss Reinsurance Co. Of the $48 billion in...

Financial services group calls for TRIA expansion

WASHINGTON—Extending and expanding the federal terrorism insurance backstop is a key way to minimize the costs associated with major catastrophes, according to a report issued Friday by the Financial Services...