Towers Watson Capital Markets Closes on $11.95 Million Catastrophe Bond
NEW YORK, July 5, 2011 — Towers Watson Capital Markets (TWCM), Inc., the wholly owned subsidiary of global professional services company Towers Watson (NYSE, NASDAQ: TW), has closed a new $11.95 million private placement catastrophe bond. This transaction marks a very important step in the convergence market, as it enables a middle-market insurance company to access the capital markets for its risk management…See More
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