Doucette downs tools on start-up amid fundraising drought
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Doucette downs tools on start-up amid fundraising drought

Adam McNestrie
December 19, 2023
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Former Everest Re executive John Doucette has again dropped plans to launch a Bermuda-based (re)insurance start-up after brutal fundraising conditions frustrated his efforts to secure backing, this publication understands.

Doucette had been seeking to raise in excess of $1bn of equity for a Bermuda business writing a blended book of insurance and reinsurance.

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