Lloyd’s syndicates turning to sidecars, reinsurance too expensive
25th August 2009Lloyd’s of London insurers Beazley and Amlin are both turning to sidecars as a way to increase their reinsurance capacity at a time when retrocessional reinsurance is proving expensive. Beazley is discussing the possibility of creating a new Lloyd’s special purpose syndicate to operate as a sidecar to its treaty reinsurance business. Demand for treaty […]
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