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Brit adds Graham Pewter to board of Sussex Capital collateralised vehicle

Brit Ltd., the global specialty insurance and reinsurance company, has announced new board appointments including the addition of Graham Pewter, previously the President and CEO of Catlin, to the board of the firms collateralised reinsurance venture Sussex Capital Limited.Sussex Capital is Brit's third-party capital management venture, which launched for the read the full article →

Brit’s Sussex Capital raised $102.5m for collateralised reinsurance in 2018

Global specialty insurance and reinsurance company Brit Ltd's new open-ended collateralised reinsurance fund vehicle raised $102.5 million from investors for the 2018 underwriting year, which the firm called "the next step in Brit's strategy to build long term relationships with the capital markets."Sussex Capital, an open-ended ILS fund that will read the full article →

Versutus sidecar hits $187m, third-party capital reaches $400m for Brit

Global specialty insurance and reinsurance company Brit Ltd. has increased the size of its fully-collateralized reinsurance sidecar Versutus Ltd. to $187 million for 2018, which alongside its other capital markets activities takes third-party capital managed at the firm to $400 million.This is the fourth renewal and expansion of the Versutus read the full article →

Brit launches Sussex Capital collateralised vehicle, Jay Nichols joins board

Specialty insurance and reinsurance player and part of the Fairfax group Brit Ltd. has launched a new collateralised reinsurance vehicle, named Sussex Capital, which will write third-party business on a fully-collateralised basis and also assume risk from Brit's syndicate at Lloyd's.Brit has also named reinsurance industry veteran Jay Nichols to read the full article →