Wilbur Ross strikes major Lloyd's deal
Hiscox today announced that in order to take advantage of strong underwriting opportunities, Hiscox Syndicate 33 has entered into a Quota Share reinsurance arrangement with Panther Re Bermuda, the $360m Bermuda reinsurance company newly formed by WL Ross & Co.
This follows the announcement by Hiscox on 1 September 2006, that it was in discussions that could lead to the creation of a new reinsurer. The Quota Share agreement will allow Syndicate 33, which is
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