Corinthian agrees investor terms for funds to replace Vesttoo-linked LOC collateral
Reinsurance News - Aug 01, 2023
Specialty non-catastrophe focused collateralized P&C reinsurer, Corinthian Group, has agreed to terms on a letter of intent (LOI) with a large investor for funds of up to $200 million to replace letter of credit (LOC) collateral linked to insurtech Vesttoo. The terms of the LOI have been agreed...
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