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XL sells life reinsurance unit for $570m


XL Insurance (Bermuda) has agreed to sell subsidiary XL Life Reinsurance (XLLR) to newly formed Bermudian company GreyCastle Holdings for $570 million.

GreyCastle Holdings, XL, XL Life Reinsurance, Bermuda, Mike McGavick, Peter Porrino

Intelligent Insurer

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