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Significant Advancement for Vietnam Natural Catastrophe Models

March 2014 a Memorandum of Understanding (MOU) was signed last week between Vietnam National Reinsurance Corporation, Vietnam and Catalytics Pte Ltd, Singapore to jointly develop and calibrate natural catastrophe models for Vietnam covering flood, typhoon and earthquake perils based on which the aim is to promote an insurance and reinsurance solution requiring international reinsurance capacity….

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