Insight and Intelligence on the London & International Insurance Markets 22 Jan 2018
Munich Re trims Eden Re sidecar to $300mn
- 5 January 2018
Munich Re has raised a second round of capital for the 2018 incarnation of its Eden Re sidecar, according to a Bermuda Stock Exchange filing.
The total size of the vehicle is now $300mn - down from $360mn last year.
However, this will be offset by increased capacity from the Leo Re vehicle, funded by Dutch pension fund adviser PGGM and its client PFZW.
As sister publication Trading Risk reported earlier this week, Leo Re has expanded to $400mn for...
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