ABI flags 'potentially serious implications' as Pool Re classified part of government
The Office for National Statistics has judged that Pool Re should be classified as part of the central government subsector in a surprise move that has raised questions about the future of the mutual reinsurer.
The terrorism reinsurer has built up a £6.6bn fund over the 27 years since it was formed in 1993.
James Dalton, pictured, director of general insurance policy at the Association of British Insurers
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