Swiss Re $900M Insured Losses From Hurricane Sandy

Swiss Re Ltd., the world’s second-biggest reinsurer, said it estimates its claims burden from Hurricane Sandy to be around $900 million.

There May Be a Sweet Spot for China Distressed Debt
01:45 - The specter of more soured assets piling up in China is turning into a sweet spot for distressed debt investors seeking fat returns. Bloomberg's Lianting Tu reports on "Bloomberg Markets." (Source: Bloomberg)
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