InvestorsHub Logo
Followers 0
Posts 56
Boards Moderated 0
Alias Born 10/21/2008

Re: msnow post# 6364

Wednesday, 11/19/2008 9:48:15 PM

Wednesday, November 19, 2008 9:48:15 PM

Post# of 10201
I forgot to paste the note about 839 from the Canopius report:

The biggest diversification and growth move by Canopius
in 2008 so far is the purchase of the reinsurance-to-close
(“RITC”) of Syndicate 839. As noted above, Canopius
has successfully managed this syndicate for a number
of years to the point where we feel comfortable putting
our own capital behind the syndicate’s reserves.
Accordingly, we have reinsured the 2001 year of account
of S839 into a newly-formed 2008 year of account
of S839, the capital behind which comes entirely from
Canopius
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.