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Swiss Re Comments On Central Fund Dispute International Editor

London

Reinsurance coverage disputes are common in the insurance marketplace, but the Lloyds Central Fund dispute with Swiss Re and its five co-insurers has received more attention than most.

Although Swiss Re, until recently, has been publicly silent on the issue, Rick Murray, chief claims strategist, in response to press criticisms, is commenting about his companys take on events and his perception of what the 500 million ($803.5 million) policy covers. (See NU, May 5, 2003, page 6, for related story.)

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