Marco syndicate seals first RITC deal with Verto
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Marco syndicate seals first RITC deal with Verto

Catrin Shi
11 February 2022
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Marco has agreed its first reinsurance to close (RITC) deal with Verto Syndicate 2689, just under four months after it gained in-principle approval to launch a syndicate at Lloyd’s.

The transaction covers the 2019 and prior years of account, although the size of the liabilities in scope were not disclosed.

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