Trilon Financial Corp., one of Canada’s leading financial services companies, announced the formation of Imagine Reinsurance Holdings in Bermuda with initial capitalization of $200 million, which it hopes to increase to over $1 billion within the next two years.
“The Imagine Group is a second generation finite-risk reinsurance enterprise whose goal is to become the leading provider of structured insurance and reinsurance capital to the global insurance marketplace,” said the announcement.
Imagine plans to offer insurance products in both the p/c and the life and annuity sectors on a global basis, and expects to open an office in Europe in early 2001.
Topics Reinsurance
Was this article valuable?
Here are more articles you may enjoy.
WTW Sues Former Yacht Team, Howden US Over Defection 
Arthur J. Gallagher’s RPS Acquires McKee Risk Management 
Three New HO Carriers and an Improving Condo Market in Florida, Reports Show 
NY Archdiocese Can Depose Chubb CEO Greenberg in Clergy Abuse Claims Case 
