Citadel eyes larger lines with major capital raise after ‘tough’ year
Davies acquires Citadel Risk unit in expansion move
Tony Weller, group CEO; Mike Palmer, senior consultant, Citadel Risk
A significant capital injection into two of Citadel Risk’s subsidiaries represents a watershed for the company after some significant challenges including downgrades by AM Best. But it also propels the firm into a “new league” in terms of underwriting opportunities.
Baden Baden 2021, Citadel Risk, AM Best, Risk Management, Financial Ratings, Insurance, Reinsurance, Tony Weller, Mike Palmer, North America, Bermuda