Flagstone says has 'zero' exposure to Lehman Brothers
Flagstone Re, the Bermuda-based reinsurer, said that it has 'zero' exposure to collapsed US insurer Lehman Brothers.
"Flagstone has zero credit or counterparty exposure to Lehman Brothers," it said.
It added that it has less than $1m of net exposure to AIG bonds and receivables and less than $1.5m of mortgage
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