Karfunkels pump $200mn into ACP Re to shield AmTrust
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Karfunkels pump $200mn into ACP Re to shield AmTrust

Matthew Neill
02 August 2016
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The Michael Karfunkel Family 2005 Trust is to inject $200mn into Tower Group acquisition vehicle ACP Re to cover legacy liabilities at the Bermudian carrier after it experienced larger than expected adverse reserve development.

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