Marco confirms first Lloyd's reinsurance to close deal with Verto
Its CEO says Lloyd’s is currently the most active venue for P&C Legacy carriers to transact.
Source: intelligentinsurer.com
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Its CEO says Lloyd’s is currently the most active venue for P&C Legacy carriers to transact.
The deal marks Marco’s third acquisition within the last nine months.
Lloyd’s represents a major market place for P&C run-off transactions, says its CEO.
The deal with Allianz transfers the remaining risks in Allianz Suisse’s UK Branch.