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.
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BAM, Build America Mutual, Fidus Re, SPA, Collateralized, Reinsurance, Agreement, North America