ICAT Managers Announces Equity Partnerships

International Catastrophe Insurance Managers LLC, known as ICAT, recently entered into an equity partnership with AXA Corporate Solutions Reinsurance Company (known as AXA CS) and Renaissance U.S. Holdings Inc.

ICAT said that AXA CS made a $3 million equity investment in ICAT Managers and will hold a seat on ICATs board. An additional $2 million line of credit has also been included as part of the AXA CS investment, ICAT noted.

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