Brit re-enters retro with $100m Norton Re Bermuda start-up
Lloyd’s and UK company (re)insurer, Brit has announced that it is to launch a specialist Bermuda-based reinsurance company, Norton Re Insurance to write catastrophe retrocession business.
Brit said Norton Re has received its licence from the Bermuda Monetary Authority and, subject to conditions, completion is expected on Friday 15 December 2006.
The company added that Norton Re will
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