Neon has put its property treaty reinsurance business into run-off and closed its Bermuda office ahead of the 1 January renewals, sources told Trading Risk and the company subsequently confirmed.
Neon to close property treaty book and Bermuda office

Neon has put its property treaty reinsurance business into run-off and closed its Bermuda office ahead of the 1 January renewals, sources told Trading Risk and the company subsequently confirmed.