P-1 Re Ltd.

SHOWING:

1 to 1 of 1 result
  

Sort By:

Search

Filter By:

Topics

Jurisdictions

PXRE enters into quota share reinsurance agreement

PXRE Group Ltd. has entered into a quota share reinsurance agreement with P-1 Re Ltd., a newly formed special purpose Bermuda reinsurer capitalized by a group of private institutional investors.This reinsurance agreement provides PXRE with $194 million in funded reinsurance protection against property catastrophe, marine, aviation, satellite and per-risk losses over the next two years.