U.S. insurers seek $300 mln cat bond cover

LONDON, May 18 (Reuters) - American insurers Travelers Co
Inc and United Services Automobile Association plan to
raise about $300 million of protection against potential
hurricane claims via a sale of catastrophe bonds, market sources
said on Friday.

Source: http://feeds.reuters.com/~r/reuters/companyNews/~3/cCKCwJV_sE8/catbond-idUSL5E8GIAAL20120518

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