Hudson Structured closes MultiStrat run-off risk deal

Hudson Structured Capital Management and MultiStrat Advisors
closed their first deal, involving a $35.3mn reinsurance vehicle
into which Hudson has invested $20.1mn in preferred shares.
The run-off transaction linked to workers' compensation
liabilities announced by the companies today may be followed by
more deals between the two.
"We have studied a series of opportunities together and
expect that this will be the first of many that we complete,"
Hudson managing partner Michael Millette said in