Saga partners with New Re to 'reduce exposure' underwriting risk
Saga has signed a quota share agreement to cover 75% of the motor policies risks of its in-house underwriter AICL from 1 February.
The firm has signed a reinsurer pact with New Re for three years, with the option to extend the deal on the same terms for a further three years.
The agreement is in line with Saga's overall strategy
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