Torus to act as catastrophe reinsurance sidecar for Montpelier Re
22nd August 2011Torus and Montpelier Reinsurance have entered into an agreement which will see Torus sell the renewal rights to its property catastrophe reinsurance book of business to Montpelier Re with immediate effect. Torus will continue to participate in the catastrophe reinsurance space but purely as a sidecar providing capacity to Montpelier Re.
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