A new reinsurance firm, Mereo Insurance Ltd., has tapped Northern Trust Asset Servicing to provide custody services and institutional brokerage solutions, which means that it will act as a broker for Mereo’s trade execution needs, officials say. In addition, the Northern Trust Asset Management (NTAM) unit will manage “a portion of Mereo’s fixed income portfolio… Read More >>
Specialty Re-Insurance Firm Moves to Clearwater Analytics
Pool Re, a government-backed terrorism reinsurer based in the U.K., needs to facilitate greater transparency and strategic decision-making and reports that it will be moving to investment accounting and reporting solutions from Clearwater Analytics that are provided on a software-as-a-service (SaaS) basis, officials say. Pool Re, which has funds of £7.0 billion ($9.075 billion), will… Read More >>
