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Unrated Danish insurer Qudos plunges into liquidation

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The owners of Danish unrated insurer Qudos have placed the business into liquidation, after it ceased to write new business in October.

Qudos’ owner New Nordic Advisors has entered into retrospective reinsurance treaties with Darag to attempt to “de-risk” the insurer. However, not all portfolios have been covered and it is still in

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