Overall losses for reinsurers aren’t having a negative impact on catastrophe bonds, in fact the market is moving along quite nicely, according to Swiss Re.

Swiss Re's on Wednesday said preliminary estimates for economic losses from natural catastrophes and man-made disasters reached $140 billion in 2012. Swiss Re estimates that just $65 billion of these losses were insured. That's above the 10-year average, but less than 2011's historic tally of more than $120 billion.

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