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Glacier Re placed into run-off
27 August 2010
Glacier Reinsurance, the European reinsurer, has announced today that the company’s existing portfolio will be placed in to an orderly run-off with immediate effect.
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Glacier Reinsurance, the European reinsurer, has announced today that the company’s existing portfolio will be placed in to an orderly run-off with immediate effect. The company, which was in operation for just five years, will no longer write or accept new business. It will self-manage the run-off process.
The board of Glacier Re reached this decision after a thorough review of the...
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