New amendments to Rhode Island’s Voluntary Restructuring of Solvent Insurers Law and the Rhode Island Protected Cell Companies Act will make run-off transactions easier to execute, and will open the door to a $100 billion market in US transactions via books of legacy business, according to consultancy firm Pro Global.
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Pro Global, Rhode Island, Protected Cell Companies, Run-off, Voluntary Restructuring of Solvent Insurers Law, UK, US