Brit
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The insurer passed on $17.7mn of major losses to third party investors in 2018.
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Fairfax has taken its total share of Brit to 88 percent with the purchase from the Canadian pension fund.
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It is understood the hire of Paresh Thakrar is part of a wider push to build out Brit’s third-party capital capabilities.
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Richard Slater and Adam Champion have been hired at Brit’s new collateralised reinsurance vehicle Sussex Capital.
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Former Catlin Bermuda CEO Graham Pewter joins the board of Brit’s market-facing sidecar.
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Former Brit executive Julia Henderson is expected to take on the role of chief underwriting officer at Bermudian start-up Lutece Re, sources told Trading Risk.
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