Torus Insurance in "selective acquisition"
Torus Insurance has entered into a strategic transaction with New Castle Re in Bermuda in which it acquires any rights to renewals and the potential to assume the unearned premium portfolio on a selected group of New Castle Re contracts.
Under the terms of the agreement Torus also acquires New Castle Re personnel who will provide underwriting, analytical and financial services for Torus for all upcoming renewals. Service of the
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