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Home>Ace and BlackRock Launch Reinsurance Venture

Ace and BlackRock Launch Reinsurance Venture

3party Content

Thu, 2 Apr 2015

By Lisa Beilfuss Ace Ltd. (ACE) and BlackRock Inc. (BLK) on Wednesday launched a joint-venture, ABR Reinsurance Ltd., after raising $800 million through a private placement. Ace and a BlackRock affiliate have minority stakes in the parent company, ABR Reinsurance Capital Holdings Ltd. William
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