Vesttoo targets investment grade ratings with Corinthian Re tie-up
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Vesttoo targets investment grade ratings with Corinthian Re tie-up

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Vesttoo has partnered with Corinthian Re to target investment grade ratings on its securitisations of non-cat insurance risk, and launched a feeder fund to invest in such deals.

The Vescor fund will invest in notes securitising dozens of underlying P&C reinsurance transactions, with the aim for the first issuance to cover more than $250mn of gross written premium.

It

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