First insurer launched in US providing run-off portfolio transfer
29-03-2017
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.
The rest of this article is locked for subscribers only. Please login to continue reading.
If you don't have a login, you will need to purchase a subscription to gain access to this article, including all our online content. Please use this link and follow the steps.
To request a FREE 2-week trial subscription, use the same link but select the 'trial' option in the dropdown box. NOTE - this can take up to 48hrs to be approved.
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 Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk
Pro Global, Rhode Island, Protected Cell Companies, Run-off, Voluntary Restructuring of Solvent Insurers Law, UK, US
