ING lays off $615mn triple-X reserves
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ING lays off $615mn triple-X reserves

24 January 2011
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US life insurer ING has transferred $615mn of redundant reserves to Credit Suisse in a year-end transaction, taking the tally for private triple-X reserve transfers to the capital markets in 2010 to $7bn.

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NewsCatastrophe bondsJanuary 2011/1
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