Insight and Intelligence on the London & International Insurance Markets 23 Apr 2018

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Eckertís Incubex start-up to target reinsurance

  • Fiona Robertson 3 April 2018
  • The Incubex venture of former Brit CEO Neil Eckert is aiming to raise up to $5mn of additional equity, as it looks at trading opportunities in the reinsurance markets.

    The new equity is being offered at a level valuing the existing company at $50mn, according to an announcement from AIM-listed energy company Aggregated Micro Power (AMP) Holdings.

    Incubex is working with Deutsche Börse subsidiary the European Energy Exchange (EEX) to launch a series of environmental trading contracts.

    It told publisher...

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