UK state reinsurance scheme Pool Re is planning to buy £40mn-£50mn ($50.8mn- $63.5mn) of retro to cover non-damage business interruption (BI) following a new law allowing it to offer the protection for the first time.
UK state reinsurance scheme Pool Re is planning to buy £40mn-£50mn ($50.8mn- $63.5mn) of retro to cover non-damage business interruption (BI) following a new law allowing it to offer the protection for the first time.