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25 April 2018

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Hamilton looks for RITC deal for old Sportscover book

Charlie Thomas 14 September 2017

Hamilton at Lloyd's is seeking a third party reinsurance-to-close (RITC) transaction for the 2014 and prior years in order to bring the old Sportscover book it acquired to finality, The Insurance Insider can reveal.

Dermot O'Donohoe, CEO of Hamilton at Lloyd's, said: "We are currently finalising a data room and hope to have interested parties put together their thoughts and interest in quoting.

"After an initial phase, we will be working to a competitive due diligence process with the aim...

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