Munich Re and Tokio Marine Nichido Fire's private cat swap based on Risk Management Solutions' (RMS) Paradex-Europe Windstorm (PEW) index takes the total notional amount of risk transferred using the industry loss index over the $250mn mark.
Munich Re and Tokio Marine Nichido Fire's private cat swap based on Risk Management Solutions' (RMS) Paradex-Europe Windstorm (PEW) index takes the total notional amount of risk transferred using the industry loss index over the $250mn mark.