New $250m asbestos reinsurer opens on Bermuda
Bermuda-based reinsurer, St. George Re has started to write insurance for historical corporate asbestos risk with authorised capital of $250m. The company said it offers insurance coverage which protects against risk of loss from future asbestos claims and provides coverage for the costs of defending against those claims.
St. George Re said it maintains a proprietary database containing millions of unique claim records which allows it to monitor trends across companies, industries, regions, and exposure periods.
Additi
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