MS Transverse discloses single programme with direct Vesttoo exposure

20 July 2023

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Mitsui Sumitomo-owed fronting company MS Transverse has disclosed that it has direct exposure to Vesttoo via only one programme.

The US firm said in a statement today that troubled ILS platform Vesttoo participates on a single programme and that its involvement began in Q1 this year.

The

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MS Transverse discloses single programme with direct Vesttoo exposure

Mitsui Sumitomo-owed fronting company MS Transverse has disclosed that it has direct exposure to Vesttoo via only one programme.

Fuel a smarter strategy with our actionable market intelligence

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MS Transverse discloses single programme with direct Vesttoo exposure

Mitsui Sumitomo-owed fronting company MS Transverse has disclosed that it has direct exposure to Vesttoo via only one programme.

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM