Pool Re completes £2.75bn retro placement
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Pool Re completes £2.75bn retro placement

The terrorism pool has shifted its programme from facultative to an XoL arrangement.

By Rachel Dalton
March 03, 2025
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US Currency: Wads of US bills fastened with rubber bands, close-up

UK-government-backed terror reinsurer Pool Re has completed its new £2.75bn ($3.47bn) retrocession placement with more than 60 reinsurers.

The programme is an aggregate XoL cover, with Hannover Re and the Fidelis Partnership being among the reinsurers providing pricing guidance.

The

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Retrocession News Property treaty Reinsurers Guy Carpenter Renewals UK and Europe Property
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