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IAG strikes deals with reinsurers to bolster its capital

Munich Re, Swiss Re and Hannover Re to receive 12.5% of IAG's premium income in exchange for paying 12.5% of its claims and expenses; Deal to boost capital and reduce earnings volatility

8th Dec 17, 2:00pm

by Jenée Tibshraeny

Munich Re, Swiss Re and Hannover Re to receive 12.5% of IAG's premium income in exchange for paying 12.5% of its claims and expenses; Deal to boost capital and reduce earnings volatility

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