Catlin to float sidecar SPV Long Bay Re on AIM
22nd April 2010Catlin is planning to list an SPV called Long Bay Re on the Alternative Investment Market (AIM), a part of the London Stock Exchange. Long Bay Re, a Bermudian Class 3 reinsurer, is designed as a sidecar type reinsurer to provide Catlin with fully collateralised reinsurance cover for some of the Catlin groups catastrophe risk […]
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