AWAC to cancel IPCRe agency agreement in 2007
Bermudian reinsurer IPC Holdings has announced that its underwriting services subsidiary (IPCUSL) has received notice of the intent of fellow Bermudian reinsurer Allied World Assurance Company (AWAC), to cancel the underwriting agency agreement between the two companies effective November 30, 2007.
Under the terms of the agreement, IPCUSL provides underwriting services on property catastrophe treaty reinsurance written by AWAC.Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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