US EditionPool Re Completes on Reinsurance Deal
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Pool Re Completes on Reinsurance Deal
The latest news from Pool Re for you; Pool Re, Britain’s government-backed terrorism reinsurer, has completed placement of a new retrocession programme with more than 60 international reinsurers. The placement provides £2.75bn of aggregate excess [...] The post Pool Re Completes on Reinsurance Deal appeared first on .
Pool Re expands retrocession programme to £2.75bn - Claims Media
Government-backed reinsurer increases terrorism risk cover, shifting financial exposure from taxpayers to private insurers. Pool Re, the UK government-backed terrorism reinsurer, has expanded its retrocession programme, securing £2.75bn of cover. This marks an increase from the previous £2.4bn, with over 60 international reinsurers participating in the placement. The deal, brokered by Guy Carpenter, includes Hannover Re and The Fidelis Partner…
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