Brit grows Versutus sidecar to $110m
Global insurance and reinsurance firm Brit has renewed and expanded its collateralised reinsurance sidecar Versutus.
Brit has increased the collateralised capacity of Versutus to $110m (£94m), a 33% increase on its previous level.
Funding has been secured from renewal and third-party investors accepting risk from 1
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