Hannover Re has renewed its Eurus catastrophe bond issued in July 2006. The bond with a volume of €150 million ($210 million) was placed with institutional investors in Europe and North America.

Eurus II Ltd. provides cover from July 30 to March 31, 2012 against severe windstorm events in seven European countries (Belgium, Denmark, Germany, France, United Kingdom, Ireland, Netherlands). The performance of the bonds is linked to a wind speed index.

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