An announcement from Watford Holdings Ltd. and its wholly-owned reinsurance subsidiary Watford Re Ltd. says that the much-discussed casualty focused, third-party capital backed reinsurer is set to start underwriting shortly.
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The recently announced plans of Bermuda-based insurance and reinsurance group Arch Capital and investment management firm Highbridge Capital to launch a third-party capital backed venture named Watford Re are an interesting take on the trend.
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Bermuda-based insurance and reinsurance group Arch Capital is set to launch an interesting new, third-party capital backed venture named Watford Re alongside hedge fund and equity investment management firm Highbridge Capital.
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