Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

23 April 2018

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Brit CFO: Sussex Re will look for cautious growth

12 January 2018

Brit's launch of Sussex Re was not influenced by the timing of last year's losses but was set up to build on its existing sidecar business, Brit CFO Mark Allan told Trading Risk.

"Versutus [the firm's quota share sidecar] was growing and developing nicely," he said, adding that it varied the firm's source of reinsurance support.

However, Sussex Re will balance quota share reinsurance for its Lloyd's sidecar with direct collateralised reinsurance written specifically for the vehicle.

"We feel that...


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