Reinsurance broker RK Carvill is close to unveiling a $120mn Bermudian Class 3 reinsurer to issue indemnity-based policies linked to hurricane options and futures traded on the Chicago Mercantile Exchange (CME), The Insurance Insider can reveal.
Reinsurance broker RK Carvill is close to unveiling a $120mn Bermudian Class 3 reinsurer to issue indemnity-based policies linked to hurricane options and futures traded on the Chicago Mercantile Exchange (CME), The Insurance Insider can reveal.