Brief: Siriuspoint And Compre Announce Second Significant Reinsurance Loss Portfolio Transfer
02/03/2023 13:44
March 2 (Reuters) - Siriuspoint Ltd SPNT.N :
* SIRIUSPOINT AND COMPRE ANNOUNCE SECOND SIGNIFICANT
REINSURANCE
LOSS PORTFOLIO TRANSFER
* LPT COVERS APPROXIMATELY $1.3 BLN OF RESERVES,
UNDERWRITTEN BY
SIRIUSPOINT'S INTERNATIONAL REINSURANCE BUSINESS
* LPT WILL BE UNDERWRITTEN BY COMPRE'S CLASS 3B BERMUDIAN
REINSURER, PALLAS REINSURANCE COMPANY LTD
Source text for Eikon: ID:nGNX2SFB8V
Further company coverage: SPNT.N
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