17 April 2018Insurance

BAM seals collateralized reinsurance agreement with Fidus Re

New York-based Mutual insurer of US municipal bonds Build America Mutual (BAM) is expanding its claims-paying resources by $100 million through a collateralized reinsurance agreement with Fidus Re, a special-purpose insurer created solely to provide collateralized reinsurance protection to BAM.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
15 May 2026   Contingent war risk carriers sound right, but have a place closer to the back of the line.
Insurance
15 May 2026   The pace of rate decline looks ‘a little brutal’, top-line pressures too palpable.
Insurance
15 May 2026   And they will be able to ask for Hollywood-star sized salaries to boot.