Vesttoo, an insurance risk transfer and investment platform, has announced the completion of a successful $120 million renewal of quota share reinsurance cover for a leading London Lloyd’s syndicate.
The transaction, which was brokered by Howden Tiger, demonstrates continued global demand to bridge the insurance and capital markets.
According to the announcement, the renewal provides multi-line cover for a portfolio of long-tail, North American treaty reinsurance. At the same time, it also highlights Vesttoo’s commitment both to finding collateralized solutions for complex portfolios and delivering the levels of service required to retain cedents as long-term partners.
