RealNews

Converium: Exposure To Claims From Madrid Bombs Unlikely

Swiss reinsurance company Converium AG said Friday it was very unlikely it had exposure to any claims from the terrorist attacks in Madrid. The Consorcio de Compensaciones de Seguros, or Spanish Catastrophic Compensation Fund, will cover property and personal accident damages relating to terrorist attacks, said Converium spokesman Michael Schiendorfer. Full Story

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