MS Amlin’s Phoenix 2 Re sidecar raises $37.5mn
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MS Amlin’s Phoenix 2 Re sidecar raises $37.5mn


MS Amlin has listed its second Phoenix Re sidecar vehicle in two tranches amounting to $37.5mn on the Bermuda Stock Exchange.

The Class A tranche was sized at $9.4mn and the Class B notes at $28.1mn.

The renewal market for sidecar and quota share capacity has been particularly tight this year, with sources estimating overall capacity could be anywhere from 20%...

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