National Underwriter Property & Casualty-Risk & Benefits Management, April 14th, 1997
Sedgwick Lane Financial and Reliance National Insurance has finished a private placement of a note linked to different kinds of insurance risks. The risk categories covered include marine drilling rigs, US and other property risks, aviation, and satellite launch risks. The note has been created to explore the possibilities of insurance-type notes. In addition, by creating the note, a group of investors may be developed that may be interested in other securitizations.
Sedgwick Lane Financial LLC, a Chicago-based joint venture with Sedgwick Group, has just completed its first private placement ...
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