Validus launches $500mn Paulson-backed Bermudian reinsurer PaCRe
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Validus launches $500mn Paulson-backed Bermudian reinsurer PaCRe

05 April 2012
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Validus Holdings is launching PαCRe, a new $500mn capitalized rated Bermuda Class 4 reinsurer to write the top layers of reinsurance programmes in time for the 1 June US wind renewals.

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