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Top Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Alternative Risk Transfer and Weather Risk Management Site News
Financial Fraud · New YorkJosh Wander, co-founder of the collapsed Miami-based investment firm 777 Partners, was charged with defrauding lenders and investors of nearly $500 million by fabricating financial documents and pledging collateral the firm didn't own or had already pledged to other lenders.See the Story
777 Partners Co-Founder Charged in $500M Fraud
53% Left coverage: 38 sources
Bermuda · BermudaFortitude Carlyle Asia Reinsurance, Ltd. (FCA Re), Fortitude Re’s and Carlyle’s recently launched Asia focused reinsurance sidecar, is commencing operations with more than $700 million in deployable capital, including equity and expected debt capacity. The sidecar is a Class E licensed Bermuda-domiciled reinsurer established to accelerate Fortitude Re’s growth in the Asian life and annuity market. According to the announcement, FCA Re will initi…See the Story
