Northern Re raises $50mn in second funding round
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Northern Re raises $50mn in second funding round


Northern Re has secured $50mn in a second funding round, bringing its total committed capital to $75mn.

The New York and Cayman Islands-based group plans to use the proceeds from the fundraise to capitalize on “favorable market conditions”, the company said in a statement, and expand partnerships, with a focus on the “high-frequency, low-severity casualty market.”


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