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.
Clash of Florida Titans Pits Powerful Tribe Against Homebuilder Lennar 
A Super Yacht Armada Came to Miami, Leaving a Marine Graveyard in Its Wake 
Premiums Will Skyrocket by 2035; Discounts Not Enough for Wind Mit, Studies Say 
Hellman & Friedman’s Hub International Seeks $3 Billion in IPO 
