Marco closes Coverys 1975 RITC deal

The reinsurance to close transaction is effective from 1 January 2025.

By Rachel Dalton

February 14, 2025

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Marco Capital has completed a reinsurance to close (RITC) transaction with Coverys Syndicate 1975.

Coverys opted to put the syndicate into run-off at the end of 2022, choosing instead to pursue growth via its company platform.

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