AlphaCat and Shah’s Ledger complete $10mn auto insurance bond
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AlphaCat and Shah’s Ledger complete $10mn auto insurance bond

Fiona Robertson
22 January 2019
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AIG-owned AlphaCat Managers and Samir Shah’s Ledger Capital Markets collaborated on the first securitisation of non-standard passenger auto insurance.

The $10mn deal was structured by Ledger Capital Markets, founded by Samir Shah, with the risk ceded via an unnamed MGA and invested...

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