PXRE announces $300m collateralised reinsurance deal
PXRE has announced that it has entered into a $300m collateralised reinsurance agreement with Atlantic & Western Re, a Cayman Island reinsurance company.
This new reinsurance coverage is designed to protect PXRE from extreme catastrophe losses arising from hurricanes in the Eastern and Gulf coasts of the United States, windstorms in northern Europe andOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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