Hudson Structured targets further workers' comp deals

Michael Millette's Hudson Structured Capital Management said
it hoped to do further transactions with Bermudian reinsurance
platform MultiStrat after completing a $20.1mn run-off deal linked
to workers' compensation liabilities.
The fund manager was the major investor in a $35.3mn reinsurance
vehicle set up by MultiStrat Advisors.
The deal also involved $110bn fixed income asset manager Payden
& Rygel, which will manage the investment portfolio connected
to the workers' compensation transact