Enstar Group Subsidiary Enters Adverse Development Cover Reinsurance Agreement With Certain Subsidiaries Of James River Group
Enstar Group Subsidiary Enters Adverse Development Cover Reinsurance Agreement With Certain Subsidiaries Of James River Group
恩斯塔集團子公司與James River集團的某些子公司簽訂了不利發展賠償再保險協議
Under the terms of the agreement, Enstar's subsidiary will provide $75 million of limit in excess of the existing $160 million ADC reinsurance coverage provided to such subsidiaries of James River by State National Insurance Company, Inc. earlier this year.
根據協議的條款，恩斯塔的子公司將爲James River的這些子公司提供超過今年早些時候由State National Insurance Company, Inc.提供的16000萬美元ADC再保險覆蓋範圍的7500萬美元限額。
Enstar's subsidiary will also make a $12.5 million investment in James River common stock.
恩斯塔的子公司還將對James River的普通股進行1250萬美元的投資。
譯文內容由第三人軟體翻譯。
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