Recently formed reinsurer Glacier Re announced this morning (17 October) the successful raising of $100mn from a common stock issue, increasing underwriting capital in response to “favourable market conditions” following Hurricanes Katrina and Rita.
Recently formed reinsurer Glacier Re announced this morning (17 October) the successful raising of $100mn from a common stock issue, increasing underwriting capital in response to “favourable market conditions” following Hurricanes Katrina and Rita.