Karfunkels pump $200mn into Tower to spare AmTrust
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Karfunkels pump $200mn into Tower to spare AmTrust

Matthew Neill
29 July 2016
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The Michael Karfunkel Family 2005 Trust is to inject $200mn of capital into Tower Group acquisition vehicle ACP Re to cover reserve deteriorations and will cancel an outwards reinsurance deal with AmTrust and National General Holdings, which would probably...

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