Benfield invests $20.5m in Globe Re sidecar
Reinsurance broker Benfield has revealed it has made a cash investment of $20.5m into Globe Re, the Hannover Re property Cat sidecar launched on June 1st.
Benfield Advisory, Benfield’s specialist corporate finance and advisory business, is the joint structurer and placement agent for the vehicle which will underwrite business from 1 June inception.
The
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