Arch, Gulf Investment Corporation launch $400m Gulf Re
Bermudian (re)insurer Arch Capital and GCC-owned Gulf Investment Corporation said at the World Insurance Forum today that it has joined up to form specialist reinsurer Gulf Re.
GIC and Arch will invest a total of $400m of capital in the new joint venture, a statement from the newly-formed group said, with both companies investing $200m each into the venture, which will be
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