Two new reinsurers are set up
Created: Oct 20, 2008 11:00 AM
Two companies have joined the growing list of reinsurance firms incorporated in Bermuda.Class 1 reinsurer Diamond Re Ltd. and Class 3 reinsurer Pearl Reinsurance Co. Ltd. set up on the Island on September 16 and 24 respectively.They bring the total number of new insurance-sector start-ups this year to 22.
Two companies have joined the growing list of reinsurance firms incorporated in Bermuda.
Class 1 reinsurer Diamond Re Ltd. and Class 3 reinsurer Pearl Reinsurance Co. Ltd. set up on the Island on September 16 and 24 respectively.
They bring the total number of new insurance-sector start-ups this year to 22.