Chaucer and Beazley exposed to Vesttoo via reinsurance treaties
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Chaucer and Beazley exposed to Vesttoo via reinsurance treaties

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London-listed carrier Beazley and China Re subsidiary insurer Chaucer are exposed to ILS platform Vesttoo via reinsurance treaties, this publication understands.

Vesttoo is embroiled in an unfolding scandal sparked by the revelation of “inconsistencies” relating to some of the collateral backing transactions it was involved in.

Sources

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