Channel Re Starts Up With $366 Million
NU Online News Service, Feb. 17, 4:09 p.m. EST? Channel Reinsurance Ltd., a new financial guarantee reinsurer based in Bermuda, has been formed with equity capital of approximately $366 million and a positive assessment from two rating firms, it was announced. [@@]
Moody's Investors Service rated the new venture Aaa and Standard & Poor's Ratings Services tagged it "AAA."
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
