Nine Merchants Re in talks with new potential capital providers

Hong Kong-based reinsurance start-up Nine Merchants Re is in active
conversations with investors with funds outside China after
encountering obstacles following a clampdown on domestic capital
outflows, according to market sources.
The reinsurer entered into discussions with the potential
backers after increased regulatory scrutiny of outbound Chinese
investments caused it to postpone its original start date of 1
April 2017.
Sources suggested the carrier remained hopeful that it could
begin unde