Lloyd's insurer Neon confirmed the launch of its new UK-based sidecar, NCM Re, as it raised $72mn of capital to establish the vehicle - up from a previously reported $60mn target.
Neon confirms NCM Re launch at $72mn
Lloyd's insurer Neon confirmed the launch of its new UK-based sidecar, NCM Re, as it raised $72mn of capital to establish the vehicle - up from a previously reported $60mn target.