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Reweb - Waves wash new Sompo product.

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| May 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Reinsurance)

Sompo Japan Insurance has created what it claims to be Japan's first weather derivative product against high waves.

The company said the product has been designed for corporations involved in the tourism, fishing and marine entertainment ...

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