Carrick strikes $30mn-$40mn LPT with IRB(Re)
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Carrick strikes $30mn-$40mn LPT with IRB(Re)

Samuel Casey
January 17, 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
handshake money download.jpg

Bermudian legacy firm Carrick Group has entered a loss portfolio transfer (LPT) with Brazilian private reinsurance company IRB(Re).

Insurance Insider understands the deal covers around $30mn-$40mn of reserves.

The deal was struck via Carrick Re Limited, Carrick’s Bermuda class 3A reinsurer, on behalf of the Brazilian carrier’s UK branch, ahead of a Part VII transfer.

As

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

LegacyNews
sam casey/sam casey ii us.png
Samuel Casey
Senior Reporter
Contact
Gift this article