Gen Re, Axis increase reinsurance participation with Admiral
Admiral Group has announced a change to its proportional reinsurance arrangements for wholly owned underwriting subsidiary Admiral Insurance (Gibraltar) (AIGL).
With effect from 1 January 2005, Gen Re and Axis Re Europe have agreed to increase their reinsurance participation to 5% each of Admiral’s total written premium from previously negotiated shares of 2Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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