Unlimited guarantee retained for Pool Re as members back Treasury findings
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Unlimited guarantee retained for Pool Re as members back Treasury findings

Luke Harrison
18 March 2022
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Members of terrorism reinsurer Pool Re have unanimously backed findings from a drawn-out Treasury review of the mutual, which has ultimately decided on a continuation of the reinsurer’s unlimited state guarantee.

Pool Re said the Treasury acknowledged that maintaining an unlimited guarantee remains essential both to its effective operation and for facilitating future expansion of the UK terrorism insurance market.

Pool

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