Aspen and Pimco launch Bermuda casualty sidecar Pando Re
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Aspen and Pimco launch Bermuda casualty sidecar Pando Re

Aspen said reduced reinsurance appetite made it a good time to seek alternative capacity.

By Samuel Casey Fiona Robertson
April 16, 2024
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Hamilton, Bermuda, City View

Aspen and Pimco have launched a Bermuda-based reinsurance vehicle focused on casualty business.

Under a long-term agreement, Aspen will be the sole cedant to Pando Re through a multi-year quota share of its casualty insurance, global professional lines insurance, cyber...

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Topics

News Aspen Re/insurers Sidecars Catastrophe bonds Stocks Casualty/GL Capital raising
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